New Message Board for Former FNLC'ers

Former employee Shawn has put together a message board for the ex-FNLC community. Stop by and leave your thoughts when you get a chance:

http://exnlc.activeboard.com/

It's Not Over

Jeff Ostrowski of the Palm Beach Post notes that the "bloodletting" isn't over yet in the mortgage industry - something that shouldn't come as a surprise to any of us. What's most remarkable is that Sun has allowed FNLC to continue operating, albeit as a much smaller and limited organization. The only reason I can think is that Sun recognizes some type of value in the FNLC brand and they are just holding onto it until the industry turns itself around.

A commenter in an earlier post estimated that 95% of the folks let go by FNLC are still out of work - I thought that seemed a bit high, but after speaking with several former co-workers, I'm beginning to think that might be accurate. Anybody care to elaborate or share their stories?

Who Am I?

I may be a current FNLC employee working right down the hall from Daddy and Junior. I might be an AE who left the company when things took a severe downturn a few months ago. I may be a disgruntled Lending Center schmo that is desperately trying to find another job in this crazy industry.

I might be all of these people, or none of them.

One thing I definitely am, however, is somebody who has access to enough information on this company on a day-to-day basis to be able to pass along a fairly complete picture of how Daddy and Junior have run this organization into the ground with extremely questionable (if not illegal) practices.

And, I'm going to share this with you.

Stay tuned.

PS - if anybody has a problem with this, please keep in mind that it took five minutes to start this blog and I'm archiving all of this information in a secure place. If you shut me down, I'll just show up somewhere else. This is my mission until First NLC is closed for good.