It's all about "TRUST," or the lack thereof.

By
Mortgage and Lending with Christensen Financial Mortgage 385907

From Webster's

trust;   belief in the honesty, reliability, etc.  of another

In an article entitled "Do they trust You," John Maxwell talks about what he calls trust builders. His reference and definition of integrity as a trust builder stood out. Here it is according to Maxwell;

integrity: acting in a forthright and truthful manner. "we mean what we say."

As we continue to move and adjust to the real estate quagmire that exists today it appears to me that obviously we just don't "trust" some of the main participants. I think the group that stands in the forefront is our banking instituions.

When I first started working in the mortgage industry I worked for some very prestigious banking institutions. I just don't see them that way anymore. Why? well frankly I don't trust them and/or believe much of what they say and

that's a shame

How about our Attorneys, particuarly those dealing with foreclosures, you know the ones we refer to as "foreclosure mills" and/or "foreclosure factories."

I was reading a Bloomberg article yesterday, I believe, which was addressing the "Foreclosure Freeze."  It discussed the revelation of mistakes in foreclosure proceedings. This confused me a bit. It appeared to me

that there weren't mistakes made that caused the recent problems, that those actions were done knowingly, and without concern to their legality, or the effect that they would have on others.

Not mistakes, nope.

Dear olde Ralph Waldo Emerson sums it up nicely;

  "What you do speaks so loud I cannot hear what you say."

To me a big part of the solution is to get back on the right track, to reestablish integrity, reliabilty, and dependability. It's important that our financial institutions once again attempt to regain their

"prestigious nature"

Right now to a certain degree

It's all about TRUST

or

the lack thereof 

Comments (3)

Shawn Harris
Artisan Group of Keller Williams Realty - Bel Air, MD
Realtor, CDPE

It's a shame that many people out there put greed and laziness above all else.

Oct 12, 2010 02:20 AM
Sonja Patterson
Keller Williams - BV - College Station, TX
Texas Monthly 5-Star Realtor Recipient for the Hou

Jay, having a few friends (and family members) you can trust is a true gift.  There still are many good agents/lenders out there...but the number of "wolves" seem to be increasing.

Oct 12, 2010 02:20 AM
Jay Beckingham
Christensen Financial Mortgage - Port St Lucie, FL
Seniors ROCK!

Shawn,

it is a shame, and it's hard to work on and find solutions when your first thought may be i don't trust the people i'm working with, and/or i can't/don't  believe what i'm being told.

Sonja,

i certainly agree with you on both points. the only solution i see is to insist on all the organizations being truthful.

thanks

jay

Oct 12, 2010 02:33 AM