Saturday, May 12, 2007

Let's Hear From You

I was pleasantly surprised by the amount of traffic this blog has received in just a few days. Some people at the office are fuming about what I've written, but since it's all true, they have nobody to blame but their own conceited selves. After all, did they really think nobody was eventually going to call them out for the way they've handled themselves over the past few years?

Sure, some executives are gifted with expensive watches just for turning another year older (wait until you hear THAT story), but most of us are treated as common help whose only purpose is to make a few individuals rich. We'll launch a new product and the execs feel their job is done. The entire company will receive a short email from an exec that will say something like "now go out there and make this happen." That's our motivation. Never mind that the product is already outdated and we can't make adjustments quickly enough to compensate for the market. The problem is now OURS. And guess who gets the blame when the numbers still don't hit our targets? Us - the regular folks who are stuck peddling an inferior product. The perception up top, apparently, is that brokers and borrowers don't shop for the best deal.

The main purpose of this site was to document all of the questionable practices employees and brokers have witnessed at First NLC. While there are still plenty of things I want to share with you, I thought it would be a good idea to solicit visitors for any information they may have. Feel free to leave your horror stories in the comments and I will post them on the main page. I encourage all of you to remain anonymous - many of you are still at the company and we know how petty and vindictive certain individuals are.

I am absolutely certain that if I am discovered, I'll be working the weekend shift at the Waffle House. Still, I figure I'll probably be let go prior to that because the company continues to fail (anybody want to buy a subprime mortgage company? Call 1-800-FBR-SELL).

Until then, see y'all at the company picnic!

2 comments:

Brett said...

Coming from the Wholesale side, brokers DO NOT like using First NLC. Their programs are old and outdated. They just did away with their 100% program. Inside service sucks, current AE's are usually working at a broker shop while working for First NLC. Morale is terrible. It seems like everyone is just waiting for the other shoe to drop and close up shop.

Been there said...

Trying to look for another job while employed at FNLC is next to impossible. You can't post on Hot Jobs, Monster, Career Builders, etc. without being found out. FNLC recruiters are continuously scouring for new employees. If your resume was found you would be fired for some made up reason. Because the industry is "small" hiring managers from other company's would call and let us know that "so and so" was looking to make a change. This employee would then be targeted for termination or their life would be made so miserable they would leave on bad terms.

I can't tell you how many times I wanted to leave but didn't, because I didn't want to burn bridges or or carry around an unwarrented bad reputaion.