The World Through My Eyes

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Archive for the ‘Work’ Category

My Last Official Day?

Posted by mikenopolis on August 14, 2007

Ok, we just spoke with the president of the company, we are now both “laid-off” and will be drafting a contract to both work for the company as consultants, we will be paid a little less, but are not even require to show up to work, just get the job done on time. Sweet deal, but I’m sensing something not quite right.

As most people know, during this time (3rd & 4th quarter of 2007) the mortgage industry is not doing well at all, many of the companies I corresponded with has either thinned out the herd or closed down completely. I see the numbers everyday. I don’t think the company can pull it’s own weight for that much longer…I do wonder why I didn’t leave when I had handful of jobs lined up for me, I’m like one of the very few here that has college education. Not that everyone is dumb, but too many are.

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Company just fired my co-worker (last of my team)

Posted by mikenopolis on August 13, 2007

My boss just called me into his office and told me that he will be firing my right hand man (well, we are a team, he’s my right and I’m his since we can’t complete our work without each others’ knowledge of the system). He’s also the person I rented the room from.

I’ll probably be forced to quit since there is no point in continuing when I can’t even process month end reports.

…wow! the right hand thing totally sounds gay!

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Another Two Bites the Dust

Posted by mikenopolis on May 4, 2007

As some of you may already know, I’m currently working at a mortgage company that has gotten smaller and smaller over the past 6 months. At 11:20am today I was told that another two of the top executives have given their resignation. I keep saying to myself that I’m here to watch the show, but seriously, how long will this show go on? There has to be a point where the company is no longer operational without certain members…I guess I’ll wait and see. I have grown fond of this company and it’s almost like a family to me, if nothing else it is a home away from home, but it is still very immature and not really run like a “professional” operation. I’ve tried to be as professional as possible, but when you work with kids, sometimes you have to treat them like kids.

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Work is Getting Easier

Posted by mikenopolis on February 27, 2007

This is crazy. The company has NO idea how much we actually have to do! I’m pulling more than 12 hour days and still behind.

It’s getting a little more manageable since we have automated many repetitive process with macros. Seriously they should give us a bigger raise than they have, we are working as 12 people here! Brandon is lazy and ALWAYS late, but he can do a lot of work in the 6 hours that he’s actually at his desk. That’s why I love working with him. He knows what he’s doing. Still annoys me that he strolls in at 11:30 and decides to leave at 4:00.  I guess I shouldn’t put in so much time for a company that has been reaming me.

These are my Job Descriptions, I was originally responsible for only the first one:

Loan Service Release Manager [LINK]

Investor Reporting Manager [LINK]

Cash Processing Analyst [LINK]

Loan Audit & Boarding Analyst [LINK]

REO & Default Analyst [LINK]

Repurchase & Claims Analyst [LINK]

SBO Remittance Analyst [LINK]

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Department Cut to 2 People

Posted by mikenopolis on January 7, 2007

I was right! The department has now been cut down to 2 people, Brandon and I will be taking over the entire department’s work of 12 original staff members. Yeah we are gonna be perfectly sane!

This is crazy. The company has NO idea how much we actually have to do! Even with the business slowing down, this department is actually the last to see the loan. HELLO?!?!?! I’m the Investor Reporting Manager (the person who reports to the people AFTER the loans are sold to them) and I’m also the Loan Service Release Manager (The person who transfer all the loan data and coordinate fund transfer with the internal accounting department to their investor accounting department and loan boarding department AFTER the sale), there’s still plenty of work to do.

My department once included these people:

1.) Chris

2.) Michael

3.) Brandon

4.) Yvonne

5.) Nand

6.) Becky

7.) David

8.) Rosinda

9.) Ron

10.) Rosa

11.) Nathan

12.) Aaron

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Master Servicing Department Dying Slowly

Posted by mikenopolis on December 30, 2006

A month ago, my boss Chris was terminated from Quick Loan Funding. Now a month later we are managed by the “Director of Operation” who is a guy that knows nothing about the operations on this department. He walk with his head held up high and mighty at his entire 5’1″ stature. He has cut the department from 12 employees to 4 people because of budget issues. However at no time did he ask me what the department did, how much work needs to be done, who can do what, and most importantly what can actually be accomplished in a 8 hour work day.

Right now, he has actually fired one of our employees so he can plug in one of his “own” guys from his funding department. Let me see….a guy whos job was to make sure money is there to fund a loan 8 hours a day by calling/contacting a bank rep and say “is there money now?”, versus a department of data analyst who works on spreadsheets and an Oracle database system for 10-14 hours a day. Yeah perfect fit…..MORONS!!!!

The department is now ran by myself and Brandon will be assisting me with roughly half the tasks at hand. the other staff members are more of the paper pushers and minor workers. In terms of the operations of the Master Servicing Department Brandon and I are the experts within the entire company thanks to Chris’s guidance and my “technical abilities”. It’s only a matter of time before the other two are fired/laid-off with the current sub-prime downfall, I have no back-up plan since all the companies that wanted to recruit me are all dying off.

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My Boss Just Got Terminated From The Company!!!

Posted by mikenopolis on November 30, 2006

It’s been a while (a few months) since my past post, I’ve been really busy at work because I have to work with people from the east coast and I’m in the West.

OMG, my boss for the past two year just got terminated at work today. The company has always been somewhat shady in their operation and always trying to cut corners. My boss is all about doing things legally and by the books, after all, our operations is regulated by RESPA!

Apparently the owner (Daniel Sadek) had finally gotten fed up with Chris trying to correct him and they decided to part ways.

I’m not sure what to do with myself, Chris is my mentor in this business and a great friend too…I wonder how the company is going to handle this department since they don’t even know what we do here. Maybe I should get back into computing again!

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Company Relocating From Irvine to Costa Mesa

Posted by mikenopolis on September 27, 2005

After many delays, our company finally up and moved to the new building in Costa Mesa (2 miles from original location) I got a window seat!!! It’s magnificent. We currently have 3 floors and they are talking about getting another one. The reason for the move was because the company decided to hire more sales staff, we had loan officers literally at fold out picnic tables in the middle of the aisles at work, it was getting ridiculous! I still think that this is just too much space. But what do I care, it’s not my money…and there’s a Starbucks right downstairs!

Master Servicing is finally in it’s own office!

My new desk! Nice View? Trying sitting there for 13 hours! (sunsets are horrible…owww my eyes)

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Still At Work, What’s Wrong With This Picture?

Posted by mikenopolis on May 2, 2005

10:30 at night….I’m still at work, I spent 8 freaken hours with Chris today, got absolutely no work done…..I’m just trying to catch up. I’ve been here for 17 hours now…1 pee break, gotta get this done….I may just sleep in my car tonight.

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I Have No Life

Posted by mikenopolis on April 6, 2005

I just realized how “real” my life has become, I miss the days of waking up at 11:00am to get to class at 1:00pm. Taking another 4 hours hanging out with friends on campus then heading off to a 3 hour lab, that’s it! that’s the day.

Right now I’ve been here at work since 5:30am, and I’ll probably be here til 9 or 10 tonight. Chris is a slave driver, not intentionally. But I just can’t bring myself to say “enough is enough” to my boss. I actually have work stacked up because he repeats himself so much….also he’s pretty bad with the computer, he doesn’t know how to use the scroll on the mouse or the slider bar….he actually use the down arrow….I’ve taught him, he’s just old school.

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