Monday, May 24, 2010

10 Tips For Winning In A Bad Economy

by Mark Tewart

1 – Don’t Drink the Cool Aid
2 – You can’t cut your way to a profit
3 – Don’t cut your life line
4 – Dance with who brought you
5 – Make the bad news good
6 – Stop Boring Me to Death
7 – Go back to the basics
8 – Super-size it
9 – Create Multiple Orgasms
10 – Speed of the Boss, Speed of the Crew


Friday, May 21, 2010

Senate Looks To Stop Deceptive Lending Practices

An amendment to the Wall Street reform bill passed on Wednesday. The amendment prohibits mortgage lenders and loan originators from receiving greater pay for pushing loans with higher interest rates (gee, that makes sense) and requires that borrower's actually have the ability to repay their loans (you mean, they don't already do that?).

Customer Service Hall Of Shame

MSN's yearly customer service hall of shame has just been released. As usual, many lenders make the list. As a matter of fact, 5 of the worst 10 are mortgage or credit card companies. Bank of America is at number 2 (not so surprising). At number 1? AOL. Who knew AOL still existed?