Every cloud has it’s silver lining?
Has anyone else noticed a general calm lately? Perhaps an uneasy ‘uhh, what’s next?’ kind of feeling in the industry? Not to say that things are looking peachy and that people aren’t wondering if their company will be around tomorrow…I think we’re still a couple years, or at least several quarters away from that. But a more positive outlook on the future of the mortgage industry? Anyone else, or am I alone here?
I talk to industry people daily, and I’ve noticed that people are a little more relaxed. This could be due to humans innate ability to simply deal with pressure by becoming used to it afterwhile, or maybe people are just throwing up blinders left and right and plugging their ears and screaming “LALALALALALALALALALA!” any time someting makes them think about the state of the industry. Maybe the general calm is the eye of the storm? However, we’ve all seen some pretty promising things happening lately. Bank of America’s usurping of Countrywide is inherantly good for the situation, the economic stimulus package that the Feds are looking to send out ain’t too shabby, and the discussion on raising the conforming loan limit into the $7XX,XXX’s is great.
So, with that said, we’re not out of the storm just yet, and I don’t think we will be for a while, but stay positive, and don’t lose hope, because every cloud has it’s silver lining…
<SHAMELESS PLUG> Besides, if you’re working right, you are probably still growing right now like most of our clients. </SHAMELESS PLUG>