A midnight snack for the Bears wandering around in the dark

[GoUSC]

Speaking about experiences I was having a sandwich at a deli on Convoy (next to Pancake House). Anyway I am sitting there minding my own business but I can’t help but overhear the conversation going on on the next table. Three guys sitting together talking about their homes. One guy is in the process of foreclosure. One guy is thinking about short selling and one guy is renting (and probably laughing inside to both the other guys).

I am noticing this more and more. The obvious truth is that A LOT of people are in way over their heads and this thing is hardly close to being over.

[Bugs]

I was reading on one of the mortgage broker blogs a few weeks back, and you wouldn’t believe some of the stories that are going around about how hard it is for some of these people to get new jobs.

A couple of them noted that despite sending out hundreds of resumes they couldn’t even get interviews for the $10/hour jobs. According to them nobody wants to hire a former mortgage broker right now. Part of it is the fear that they’ll leave for greener pastures the first chance they get and part of it is that people don’t trust them.

[Bugs]

I was reading on one of the mortgage broker blogs a few weeks back, and you wouldn’t believe some of the stories that are going around about how hard it is for some of these people to get new jobs.

A couple of them noted that despite sending out hundreds of resumes they couldn’t even get interviews for the $10/hour jobs. According to them nobody wants to hire a former mortgage broker right now. Part of it is the fear that they’ll leave for greener pastures the first chance they get and part of it is that people don’t trust them.

[Bugs]

I was reading on one of the mortgage broker blogs a few weeks back, and you wouldn’t believe some of the stories that are going around about how hard it is for some of these people to get new jobs.

A couple of them noted that despite sending out hundreds of resumes they couldn’t even get interviews for the $10/hour jobs. According to them nobody wants to hire a former mortgage broker right now. Part of it is the fear that they’ll leave for greener pastures the first chance they get and part of it is that people don’t trust them.

[Bugs]

I was reading on one of the mortgage broker blogs a few weeks back, and you wouldn’t believe some of the stories that are going around about how hard it is for some of these people to get new jobs.

A couple of them noted that despite sending out hundreds of resumes they couldn’t even get interviews for the $10/hour jobs. According to them nobody wants to hire a former mortgage broker right now. Part of it is the fear that they’ll leave for greener pastures the first chance they get and part of it is that people don’t trust them.

[Bugs]

I was reading on one of the mortgage broker blogs a few weeks back, and you wouldn’t believe some of the stories that are going around about how hard it is for some of these people to get new jobs.

A couple of them noted that despite sending out hundreds of resumes they couldn’t even get interviews for the $10/hour jobs. According to them nobody wants to hire a former mortgage broker right now. Part of it is the fear that they’ll leave for greener pastures the first chance they get and part of it is that people don’t trust them.

[JWM in SD]

JWM in SD

Bugs,

I can attest to what you said. I’m currently in a serious job search and I’ve spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don’t have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

I was concerned that I would end up competing with these people in the job market but since their experience is so bad that hasn’t happened so far as they generally are not even considered for most of the positions that I’ve been looking at.

[JWM in SD]

JWM in SD

Bugs,

I can attest to what you said. I’m currently in a serious job search and I’ve spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don’t have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

I was concerned that I would end up competing with these people in the job market but since their experience is so bad that hasn’t happened so far as they generally are not even considered for most of the positions that I’ve been looking at.

[JWM in SD]

JWM in SD

Bugs,

I can attest to what you said. I’m currently in a serious job search and I’ve spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don’t have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

I was concerned that I would end up competing with these people in the job market but since their experience is so bad that hasn’t happened so far as they generally are not even considered for most of the positions that I’ve been looking at.

[JWM in SD]

JWM in SD

Bugs,

I can attest to what you said. I’m currently in a serious job search and I’ve spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don’t have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

I was concerned that I would end up competing with these people in the job market but since their experience is so bad that hasn’t happened so far as they generally are not even considered for most of the positions that I’ve been looking at.

[JWM in SD]

JWM in SD

Bugs,

I can attest to what you said. I’m currently in a serious job search and I’ve spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don’t have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

I was concerned that I would end up competing with these people in the job market but since their experience is so bad that hasn’t happened so far as they generally are not even considered for most of the positions that I’ve been looking at.

[Coronita]

I can attest to what you said. I'm currently in a serious job search and I've spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don't have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

Welcome to 2001, when the dot.bomb bust put a lot of not-so-skilled "IT worker" out on the street. Somehow, people couldn't figure out why html skills no longer qualified as "software work" that commanded six figures. Funny that a lot of these people inevitability became RE "professionals".

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I can attest to what you said. I'm currently in a serious job search and I've spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don't have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

Welcome to 2001, when the dot.bomb bust put a lot of not-so-skilled "IT worker" out on the street. Somehow, people couldn't figure out why html skills no longer qualified as "software work" that commanded six figures. Funny that a lot of these people inevitability became RE "professionals".

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I can attest to what you said. I'm currently in a serious job search and I've spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don't have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

Welcome to 2001, when the dot.bomb bust put a lot of not-so-skilled "IT worker" out on the street. Somehow, people couldn't figure out why html skills no longer qualified as "software work" that commanded six figures. Funny that a lot of these people inevitability became RE "professionals".

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I can attest to what you said. I'm currently in a serious job search and I've spoken to a number of recruiters in SD, OC and LA who have been deluged with resumes from former loan analysts and mortgage type workers looking for 100K plus jobs. Problem is that they don't have transferable skill sets for say Manufacturing analysis or even real service sector industries or hi tech industries where they actually make and do stuff.

Welcome to 2001, when the dot.bomb bust put a lot of not-so-skilled "IT worker" out on the street. Somehow, people couldn't figure out why html skills no longer qualified as "software work" that commanded six figures. Funny that a lot of these people inevitability became RE "professionals".

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Author]

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