See? It's always California.
CA is in a feeding frenzy with loan guys looking for leads right now. I spent time at Ditech in 2003, was in the top 5 there for volume out of say 400 at that time, and had a very porn-like annual income, believe me. Left the industry out of boredom and the brutal hours, and had no desire to free-lance in a broker office.
Eventually rates will begin to climb, home appreciation will slow, and that the industry will lose 60%+ of its volume today. Every broker say they'll still be around when that happens, but you know how that goes...
You in Orange County Chaldoray? I bet I know people you work with.