I cannot tell you how many mortgage brokers that I run into are getting their insurance certifications so they can sell me life insurance, and disability insurance. Do people seem that is a little wierd.
First they were:
- stock brokers, and the stock market crashed
- than they became mortgage brokers, and the mortgage market is crashing
- Now they are becoming Insurance Agents are they going to bring down the Insurance Industry as well?
I guess after they take down the Insurance Industry they will look to become Funeral Directors.
At least there the people are already dead. You know they will never become realtors they are too smart for that. It is a little scary that mortgage brokers are now becoming financial planners. They are going to handle my money after what they did to the lending industry, I think not. I think I will keep my money under my mattress like my grandparents did. It probably is the safest place for it.
Another note, if someone else tries to sell me on the idea of a MMA (Money Merge Account) one more time I may fly off the handle. It is just a way for people to make up front money for a software that you can do yourself. With ads like: PAY OFF YOUR MORTGAGE IN 5 YEARS!! SAVE $300,000 IN 5 YEARS!! Seems good well you know what they say "if it looks like it is too good to be true well than it probably is" I know I may get my share of people saying how great MMA's are, but I have been through this before "if it smells like a rat" you know the rest.
To all those mortgage broker's I have loved before or so the song goes please do not take this personally I just don't like you. I only like you when you do what you are good at doing making me money!!! Till we meet again!
;)
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Here the same thing... We have all kinds of people getting out of the Real Estate Industry and now selling insurance.