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The Upside of Entering on a Downswing
Interesting article by Dan Rafter in today's Washington Post:
Mark Zaidan entered the mortgage-lending business in October 2007. Foreclosures were up, lenders were shutting down, and loan officers were quitting the business.
But Zaidan, a lender with Rockville-based Choice Finance, signed up anyway.
"My friends thought I was nuts for getting into this business," he said. He was a little concerned at first, too.
"I didn't do a bit of business the first six months," he said. "I really did wonder if I had a made a terrible mistake. But I had that stick-to-itiveness. That was fortunate, because now it's a lot better......
Read the entire article here...
