Ugh! Work....

Last Oct/Nov/Dec I applied for a job with my old boss, for a new team that was growing and needing experienced analysts. I guess I considered myself experienced, and so did he. He, Nate, is actually the one who hired me into Wells in the first place. Guess he likes me :)

Anyways, this job was a trial period. We were to take pre-sale, foreclosed properties in NJ, and fix them. Either repair them enough so they didn't get worse, demo them, whatever it took. Reduce blight and keep the city off our asses. There was even talk in there about each of us (a team of 3) getting to take a trip to NJ to physically do the inspections. Not really the best kind of vacation but it'd be cool to be on the East Coast anyways. That never happened...

Our line of business changed a few months ago. This time we were to be reviewing Aged FHA properties and get them conveyed before we held them in title for 5 years. Which is a new OCC rule and WF could get in serious trouble for it. (Fines and stuff). We started doing that. It was confusing to me at first because I hadn't worked with FHA properties much so I had a lot to learn. I started getting the hang of it...then it changed again...

NOW...we're looking at loans with under $50k UPBs and determining if we should repair it and still try to convey or if we should suck up the loss and send it to REO (real estate owned).

I'm not going to complain in the work place, which has apparently paid off because it was a key plus point on the review my boss did. But MAN does it make it really hard to get motivated when at any moment the job can change...and has. I don't mind what I'm doing but I have no deadline right now, no 100% clear direction. I'm pretty much using my knowledge and judgment to recommend the course of action we take on my share of 418 post-sale, FHA, post conveyance, low-value, years vacant, years delinquent, shitty ass houses.

It was tough, for a while there, to even come into work. I had no motivation to do any of it because it seemed so pointless. Scott told me to look for another job. Yea, ok...one with these hours, this flexibility, this pay, these benefits, and the exposure to upper management?...yea, right. I'm not going anywhere. Sorry. I'll suck it up and be fine. :)

I suppose I better get back to whatever line of work I'm supposed to be doing today...it may change tomorrow....we'll see!! :)