Uh OH Mortgage Affiliates Dropping

eloan-mortgage-affiliateDo you make money of mortgages? Are you a mortgage affiliate? If so the mortgage crunch is going to hit you hard. Today E-Loan completely removed their affiliate program. Not a reduced rate, but DONE. OUCH!

Here is what the E-Loan affiliate said:

In order to stay ahead of the current mortgage cycle and enable E-LOAN to maintain its leadership position in the industry, E-LOAN will begin scaling back some operations/programs to reduce its cost structure and unfortunately removing our affiliate program is one of them.

This is why I always recommend diversifying. If you depend on internet money make sure you don’t have all your eggs in one basket.

Comments

2 Responses to “Uh OH Mortgage Affiliates Dropping”

  1. Loan Advisor on November 27th, 2007 3:30 am

    Diversifying is always a good idea when dealing with finances….great article!

  2. MoreMerchant on November 27th, 2007 8:50 am

    Thanks Loan Advisor!

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