Having been in the mortgage industry for many years (and owning a Jack Russell), the following story made me laugh…

A wealthy old Gentleman decides to go on a hunting safari in Africa , taking his faithful, elderly Jack Russell named Killer, along for the company.

One day the old Jack Russell starts chasing rabbits and before long, discovers that he’s lost. Wandering about, he notices a leopard heading rapidly in his direction with the intention of having lunch.

The old Jack Russell thinks, “Oh, oh! I’m in deep doo-doo now!” Noticing some bones on the ground close by, he immediately settles down to chew on the bones with his back to the approaching cat Just as the leopard is about to leap, the old Jack Russell exclaims loudly, “Boy, that was one delicious leopard! I wonder if there are any more around here?”

Hearing this, the young leopard halts his attack in mid-strike, a look of terror comes over him and he slinks away into the trees. “Whew!”, says the leopard, “That was close! That old Jack Russell nearly had me!”

Meanwhile, a monkey who had been watching the whole scene from a nearby tree, figures he can put this knowledge to good use and trade it for protection from the leopard. So off he goes, but the old Jack Russell sees him heading after the leopard with great speed, and figures that something must be up.

The monkey soon catches up with the leopard, spills the beans and strikes a deal for himself with the leopard.

The young leopard is furious at being made a fool of and says, “Here, monkey, hop on my back and see what’s going to happen to that conniving canine!

Now, the old Jack Russell sees the leopard coming with the monkey on his back and thinks, “What am I going to do now?”, but instead of running, the dog sits down with his back to his attackers, pretending he hasn’t seen them yet, and just when they get close enough to hear, the old Jack Russell says…

“Where’s that damn monkey? I sent him off an hour ago to bring me another leopard!

Moral of this story (especially when choosing a mortgage lender)…..

Don’t mess with the old dogs…age and skill will always overcome youth and treachery!  Creativity and brilliance only come with age and experience.

Is THIS really who represents mortgage banker/broker interests in Washington???

Lesson 5

A turkey was chatting with a bull. ’I would love to be able to get to the top of that tree’ sighed the turkey, ‘but I haven’t got the energy.’ ’Well, why don’t you nibble on some of my droppings?’ replied the bull. They’re packed with nutrients…’

The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.

The next day, after eating some more dung, he reached the second branch.

Finally after a fourth night, the turkey was proudly perched at the top of the tree.

He was promptly spotted by a farmer, who shot him out of the tree.

Moral of the story:
Bull Shit might get you to the top, but it won’t keep you there.

Lesson 4
An eagle was sitting on a tree resting, doing nothing.

A small rabbit saw the eagle and asked him, ‘Can I also sit like you and do nothing?’

The eagle answered: ‘Sure, why not.’

So, the rabbit sat on the ground below the eagle and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate it.

Moral of the story:
To be sitting and doing nothing, you must be sitting very, very high up.

Lesson 3:
A loan officer, a processor, and the branch manager are walking to lunch when they find an antique oil lamp.
They rub it and a Genie comes out.
The Genie says, ‘I’ll give each of you just one wish.’

‘Me first! Me first!’ says the processor, ‘I want to be in the Bahamas, driving a speedboat, without a care in the world.’

Puff! She’s gone.

‘Me next! Me next!’ says the loan officer. ‘I want to be in Hawaii , relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life.’

Puff! He’s gone.

‘OK, you’re up,’ the Genie says to the branch manager.
The manager says, ‘I want those two back in the office after lunch’

Moral of the story:
Always let your boss have the first say.

Lesson 2:
A priest offered a Nun a lift.

She got in and crossed her legs, forcing her gown to reveal a leg. The priest nearly had an accident.

After controlling the car, he stealthily slid his hand up her leg. The nun said, ‘Father, remember Psalm 129?’

The priest removed his hand. But, changing gears, he let his hand slide up her leg again. The nun once again said, ‘Father, remember Psalm 129?’

The priest apologized ‘Sorry sister but the flesh is weak.’

Arriving at the convent, the nun sighed heavily and went on her way.

On his arrival at the church, the priest rushed to look up Psalm 129. It said, ‘Go forth and seek, further up, you will find glory.’

Moral of the story:
If you are not well informed in your job, you might miss a great opportunity

Lesson 1:
A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs.

When she opens the door, there stands Bob, the next-door neighbor. Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’

After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves.

The woman wraps back up in the towel and goes back upstairs. When she gets to the bathroom, her husband asks, ‘Who was that?’

‘It was Bob the next door neighbor,’ she replies.
‘Great,’ the husband says, ‘did he say anything about the $800 he owes me?’

Moral of the story:
If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.