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Is There Spirit in my Work?What is spirit? What is your spirit? Do you care? Spirit is both a psych term and a mystical term. In psychology, “spirit” is about “the non-physical core of a person—the vital force, moral character, a transcendent essence beyond the body, connected to meaning, purpose, and wholeness. Spiritual principles are useful, practical, and profitable. A strategy. What are […] The post Is There Spirit in my Work? appeared first on George Dell, SRA, MAI, ASA, CRE.Broker Products; Legal Thoughts on Dual Licensing;… New"Abandon all hope ye who enter here." (Dante’s words, not Disney’s.) That could be the slogan of Times Square, but for those who just spent days at the Secondary conference in Times Square, trying to avoid everything in Times Square, you can look forward to the same event at the same place in the same hotel next year, May 18-21, 2025. Manhattan has so, so much more to offer. In a year, will groups still be discussing Attorney Opinion Letters, offering a savings on refis and new construction for Agency loans? What about LOs coming real estate agents, and vice… Broker Products; Legal Thoughts on Dual Licensing;… New"Abandon all hope ye who enter here." (Dante’s words, not Disney’s.) That could be the slogan of Times Square, but for those who just spent days at the Secondary conference in Times Square, trying to avoid everything in Times Square, you can look forward to the same event at the same place in the same hotel next year, May 18-21, 2025. Manhattan has so, so much more to offer. In a year, will groups still be discussing Attorney Opinion Letters, offering a savings on refis and new construction for Agency loans? What about LOs coming real estate agents, and vice… Hedging, TPO, ROV, Fee Collection Tools; STRATMOR… NewSome people say, “You’re crazy to stay in residential lending in this environment, and it’s not going to improve dramatically in the near future.” No, this is crazy. Owners of vendors and lenders who are barely eking by, or losing money quarter after quarter, aside, there is plenty of sanity remaining. Given what I heard in Manhattan, we can expect many, many offerings of 2nd mortgage programs and HELOCs from investors and therefore the lenders that sell to them, given the amount of equity that’s out there. LOs know that these are homes, not houses, and many owners focus on… Apr. 18: Credit analyst, bus. dev., LO… New“What do you get if you cross Islam and Capitalism? No more jokes about the profit.” Mid-sized lenders, especially those with branches with P&L models, are examining their cash flow, and, as best I can tell, are saying, “Well, given the lack of profits, let’s take a look at our costs again.” There is informal...Read More “Apr. 18: Credit analyst, bus. dev., LO jobs; events & training; loss mitigation software; MBA P&L stats; Ohio, UWM, & collusion accusations” » Apr. 18: Credit analyst, bus. dev., LO… New“What do you get if you cross Islam and Capitalism? No more jokes about the profit.” Mid-sized lenders, especially those with branches with P&L models, are examining their cash flow, and, as best I can tell, are saying, “Well, given the lack of profits, let’s take a look at our costs again.” There is informal...Read More “Apr. 18: Credit analyst, bus. dev., LO jobs; events & training; loss mitigation software; MBA P&L stats; Ohio, UWM, & collusion accusations” » Apr. 17: Cap mkts., AE, LO jobs;… NewA week from today is “Take Your Child to Work Day.” Something tells me that it won’t be observed in U.S. Government offices. While we’re on family issues, I received this note. “Rob, have you heard of originators sponsoring SPCA pet adoption days, since sometimes when a family welcomes a dog, it is a precursor...Read More “Apr. 17: Cap mkts., AE, LO jobs; lawyers wanted; fraud prevention, loss mit, bridge loan products; cost of hedging; Trump threatens Powell’s job” » The 82% RuleI’ve come to believe that success—and even happiness—isn’t about perfection. It’s about balance, and for me, that balance is defined by what I call the 82% Rule. Simply put, if I’m content, productive, or fulfilled 82% of the time, I’m on the right track. That leaves 18% for the tough days—the ones where nothing goes right, or when exhaustion takes over. This rule hit home recently while I was working on my Montana farm. For five and a half weeks, I was pulling 14 to 16 hour days doing hard, physical labor. It was grueling. My body was tired, my…
