We received this today: “Solstice was a company that made money. It was one of the last HFC arms that did. The mortgages brokers did 5 loans per month each! The HFC branches are doing 1 per branch. The math doesn’t add up. Why close down a leg of the company when it is the only profitable thing going? Also they were the only ones with FHA knowledge. Guess FHA loans aren’t what HSBC is looking for. Why charge someone a good rate when you can push them into BK status. If you haven’t noticed yet the ship is sinking. Either grab a pail or jump! Lots of other good jobs available in the mortgage business. HSBC isn’t the only company that has leads! Open your eyes.”
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