What does the box look like?

The box, if we're talking about Alethes, and I am, is incredibly smaller today than a year ago. Ha - it's incredibly smaller than it was three months ago.

Today, the box has eight corporate employees comprised mainly of accountanting and administrative types. We are closing down our mortgage banking facilities and are going back to being a pure broker.

We are consentrating on being the best-the-business at paying loan officers rapidly and letting them broker out their business. The box is well defined on the first part of that concentration but not so well on the second.

Brokering loans has become a subject of concern over the past few months and some believe it will become a thing of the past in the next few months. I am one that differs considerably on that opinion. I emphasize opininion because I they, opinions, don't make good strategies. Exeriences are much easier to sink your leadership teath in to.

Experience shows me there are ways to manage the controlls on our mortgage brokering business.

Experience shows me that loan officers want choices.

Experience shows me that we need good loan officers, working with good processors, on good loans.

Experience tells me that the leadership at Alethes needs to step up and pay attention.

We truly need to be a company of Leaders Leading Leaders - Well.

To that end!