A natural cycle, nothing to lose sleep over. The ones that behaved themselves during the boom and didn’t screw people will be standing on the other side of this and many of those have been through the ups and downs before. The ethical brokers have satisfied clients out there and when their freinds and relatives find they need that service or need help refinancing their 2/28 into a fixed, those satisfied unscrewed customers will refer them. More than just R/E and finance does the business priciple of reputation and ethics pay dividends to the pratitioners of it and those dividends are more prevelant during down cycles. Trust and reputation becomes more important during uncertain times. Shaking out an industry every so often is a good thing for the consumer and the industry.
