No Experience, No License? No Problem!

If you are looking for a first-hand understanding of what went wrong in this industry look no further than the video below. No license, no experience, $100K + yearly income, no problem! The promise of fast, easy money lured anyone with a pulse in to the industry and didn’t help make matters any better as banks unleashed a long line of consumer unfriendly mortgage products that were underwritten in fantasy land.

I have nothing against these two guys - I’m sure they are just like all the rest, and I have no reason up front to believe that they were unethical in any way, shape or form, but they are unfortunately the poster children today of “Why I hate my industry” because too many people made too many promises that have put us in the mess we’re in. (hat tip to Josh for the find!)

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