I wasn't a business major so consider me ignorant but why is it, that during this difficult time in the mortgage industry, are some companies still writing business while others who seemingly were healthy, are going under, like Lenders First Choice?
Just spoke to Matt Morris last week about again doing work for them and all seemed well. I know he had to operate as usual as he was still employed but everyone within the company had to know doomsday was coming.
Now, another company who owes much.
I know many here depended on LFC for significant part of their income. To them, I'm sorry to hear of that loss. This industry will eventually correct itself. We just have to try to hold on until those brighter, more prosperous days come.
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