Seize the day ..read more

Recessions are a cleansing process. Although painful they rebalance business, clarify unsustainable thought processes, and reveals the integrity of your team’s belief in your mission. How you manage this period can set you up for the next chapter in your career. Recessions aka Economic Downturns, are triggered by various actions. The action that triggers the downturn determines the harder hit industries. The impact spares no company, how you embrace the cycle will determine if you emerge the new leader or another name in the history books. This process, as Warren Buffet puts it “low tide ex ..read more

The mortgage industry is in the most challenging market of our lifetime. No matter what the industry does to you, or your company does, your worth remains intact. It’s up to you how you monetize it. Put yourself first and find a team that lets you participate in ownership. Be a shareholder! If your CEO who represents the shareholders, or your LLC Owner who represents himself or herself, do not focus on the data balancing the equation, losses will mount crumbling the foundation of your path. Prior to July 2022, I monitored accounting daily with no eyeglasses. Today, I need glasses t ..read more

2017 Gulfstream 280 - N536CH www.southeastmortgage.com Phone: 770-279-0222 ..read more

The mortgage industry is in the most challenging market of our lifetime. No matter what the industry does to you, or your company does, your worth remains intact. It’s up to you how you monetize it. Put yourself first and find a team that lets you participate in ownership. Be a shareholder!   If your CEO who represents the shareholders, or your LLC Owner who represents himself or herself, do not focus on the data balancing the equation, losses will mount crumbling the foundation of your path.   Prior to July 2022, I monitored accounting daily with no eyeglasses. Today, I n ..read more

Bond Duration Risk will increase Bank Pricing The mortgage industry is currently undergoing a significant transformation due to the rapid increase in the Fed Funds Rate since mid-2022, coupled with the industry's lack of compliance with prudent profitability objectives.  All mortgage companies must comply with GAAP accounting and meet financial covenants to remain listed on stock exchanges, retain funding from banks, and maintain approval with Fannie, Freddie, and HUD "The GSEs." When mortgage companies incur losses due to below market pricing believing it creates volume or they ..read more

Career Challenge: How to know if your company is a fiduciary for both your career and your family? Here's a simple way to find out: call the person at the very top of your organization - whether it's the CEO, LLC Managing Partner, Bank Holding Company Chairman, or someone else in that high-ranking position. Not a sales manager or someone lower in the hierarchy, but the person whose name is in the news as the head of your company. Call their mobile phone and ask for a $2,000 personal loan that you'll pay back in 12 months. Outcome 1: If they answer your call and give you the loan, co ..read more

Have you ever heard the phrase, "change your zip code"?  This means if your current actions create the same outcome time and time again, you have to change your zip code to get a different outcome. I learned many lessons from my mentors during my Banking Career.  One of the most valuable lessons was the Bank always does what is in the best interest of its Shareholders.  It is the fundamental responsibility of a Corporation.  Early in my Bank career my mentor granted me stock based on performance and I quickly understood the generous recognition to be a Shareholder.  ..read more

Shaun Graham has been promoted to Executive Vice President and added to Executive Management at Southeast Mortgage of Georgia, Inc., SEM.   Our last EVP is now our COO.  Since inception in 1993, SEM has had 6 Executives in this group with two retired.  Shaun joined SEM on 10/10/2005.  After a football career and graduating from the University of South Carolina, Shaun entered the Mortgage Industry as a Loan Officer in our call center and eventually worked his way through the ranks to Office Manager and then Senior Vice President.  With a fundamental understanding of o ..read more

www.southeastmortgage.com Phone: 770-279-0222 ..read more