For the past ten years a client of mine who is a mortgage broker has been selling against Countrywide Home Loans (e.g. telling prospects why they should not finance the purchase of their home from Countrywide because he could get them a better rate).
Low and behold, Countrywide up and bought the company he worked for, United Pacific Mortgage. On Friday he worked for United Pacific Mortgage. On Monday he would be working for the very company he told all of his clients to avoid. What do you think he did?
He refused to go along with the crowd and join the ranks of Countrywide despite the fact that every other broker in his office did. He just couldn't do it. How could he explain himself to all of his referral sources who had gone to him over the years because they liked that he is a man of principle?
All this despite the repeated overtures from some very top Countrywide people. Despite the admonition from one of the owners who sold out to United Pacific that my client was "Making the biggest mistake of his life".
I guess that's why at the time of the sale to Countrywide my client, Phil Tirone was responsible for 25% of United Pacific's total business.
You know what they say, "The personal brand who stands for nothing will spend his whole life chasing the crowd. Conversely, the personal brand who stands for something will have the crowd following him.
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