2025 Shareholders

www.southeastmortgage.com Phone: 770-279-0222

www.southeastmortgage.com Phone: 770-279-0222

Seize the day!

2023 - Be sure you have your bathing suit!

Recessions are a cleansing process. Although painful they rebalance business, clarify unsustainable thought processes, and reveals the integrity of your team’s belief in your mission. How you manage this period can set you up for the next chapter in your career.

Recessions aka Economic Downturns, are triggered by various actions. The action that triggers the downturn determines the harder hit industries. The impact spares no company, how you embrace the cycle will determine if you emerge the new leader or another name in the history books.

This process, as Warren Buffet puts it “low tide exposes those not wearing a swimsuit”: happens every 7 – 10 years. Today, we see who is wearing a swimsuit in the mortgage industry. The huge losses mortgage companies and banks are taking on their unbalanced business model is exposing unsustainable sales practices or flaws in modeling.

Nobody can swim in the mud or low tide. December 11, 2011 “Low Country View of Recessions”: Low Country View of Recessions . Sometimes it is best to follow history and focus on improving strategy and our align with those that weather the storm the best.

Understanding this historical reoccurrence is important if you want to emerge as the next market leader and avoid being another LLC failure in the history of the mortgage industry.

Cal Haupt

Chairman and Chief Executive Officer

Southeast Mortgage of Georgia, Inc.

www.southeastmortgage.com Phone: 770-279-0222

Eye Sight vs. Hindsight - Plan for a strong finish.

The mortgage industry is in the most challenging market of our lifetime. No matter what the industry does to you, or your company does, your worth remains intact. It’s up to you how you monetize it. Put yourself first and find a team that lets you participate in ownership. Be a shareholder!

If your CEO who represents the shareholders, or your LLC Owner who represents himself or herself, do not focus on the data balancing the equation, losses will mount crumbling the foundation of your path.

Prior to July 2022, I monitored accounting daily with no eyeglasses. Today, I need glasses to see the same screens due to the intensity and frequency needed to adapt and remain profitable for the last 11 months. Southeast Mortgage’s 62 Shareholders (1/2 Mortgage Originators 1/2 Operations Professionals), expect their fiduciary to steer carefully in storms. Huge value awaits those left to fill the voids of this cycle.

Do you know if your company is profitable? If it is not, put your career first and make your own choice to find a profitable company. When companies close, don’t let others make your choice.

One distress sale after another lately, employees post “happy to announce I have a new position with the company that bought what was left of their prior company.”

Put yourself in a position to prosper when the market turns north. Good deals are hard to find when a resume reflects poor choices.

Good profitable companies need competent good Mortgage Originators and Operations Professionals.
Since 1993, Same Name and Expanding Ownership.

www.southeastmortgage.com Phone: 770-279-0222

Time is your most valuable commodity. Use it efficiently.

2017 Gulfstream 280 - N536CH

www.southeastmortgage.com Phone: 770-279-0222

Theory of eye sight and hind sight:

The mortgage industry is in the most challenging market of our lifetime. No matter what the industry does to you, or your company does, your worth remains intact. It’s up to you how you monetize it. Put yourself first and find a team that lets you participate in ownership. Be a shareholder!

 

If your CEO who represents the shareholders, or your LLC Owner who represents himself or herself, do not focus on the data balancing the equation, losses will mount crumbling the foundation of your path.

 

Prior to July 2022, I monitored accounting daily with no eyeglasses. Today, I need glasses to see the same screens due to the intensity and frequency needed to adapt and remain profitable for the last 11 months. My 62 Shareholders (1/2 Mortgage Originators 1/2 Operations Professionals), expect their fiduciary to steer carefully in storms. Huge value awaits those left to fill the voids.

 

Do you know if your company is profitable? If it is not, put your career first and make your own choice to find a profitable company. When companies close, don’t let others make your choice. One distress sale after another, employees post “happy to announce I have a new position with the company that bought what was left of my prior company.”

Put yourself in a position to prosper when the market turns north. Good deals are hard to find when a resume reflects poor choices.

Good profitable companies need competent good Mortgage Originators and Operations Professionals.

www.southeastmortgage.com Phone: 770-279-0222