Net Branch Pandemonium
We’ve talked about the net branches before. We’ll talk about them again. I see this as a trend among net branches; filing bankruptcy, that is. Premier Mortgage Funding has the following section on its website: “Dumb and Dumber”.
Dumb, according to pmtgf.com = “To believe that a company cannot be both profitable and in compliance because we charge reasonable fees”.
and Dumber = “Not to understand how much money is really being made”.
and I suppose the following should be labeled as Yikes!
Estimated assets of less than $10k and estimated liabilities of $1M to $100 Million
(source=pmtgf.com/dumb.aspx)
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