Tag Archives: Mortgage industry

Broker on surviving Great Recession – and subsequent road to success

What caused the Great Recession of 2008? Having worked four years at GE Consumer Finance before transferring to the San Francisco Bay area, Shekhar now faced an uncertain future. “VC funding dried up,” Shekhar recalled. “The company shut down, and . I was with no connections and no capital. But I always wanted to be […]

For one seasoned broker, the past is prologue

For Gusmus, the past is prologue: “We’ve seen this in recessions in the past,” she said. “We saw it in 2009 – so many people left the industry in droves. I think t. were 40,000 people registered in Colorado but only 4,000 or so went through with the full licensing process. We’ll see that kind […]