I wanted to wait and post this until after we made Lender Implode. Well, we have now and even made the Channel 11 News.
Rumors abound that the CFO went missing with $4MM and the FBI is on the case. But all that I can confirm to you is that payroll was yesterday and we did not get paid!!! NOR are they communicating with us WHEN we will get paid!!!
Moving forward:
Tom Burris & DallasLoanGuy.com is portable. As soon as I digest the 10(edit: make that 20+ so far) recruiter calls and countless emails I received yesterday, I will hang my hat with a reputable lender. I suspect that I will only be down for a couple of days(+ any days I go fishing ;-0)
I feel really sorry for the salaried people who may have a tough time getting a job right now. There are so many people job hunting from this industry that it is going to be tough. But as we all know, production people have their choices of jobs.... and that is a very good position to be in right now.
Thanks for the well wishes.
Tom Burris
DallasLoanGuy.com
Dallas, TX
"A Home Loan for Every Texan"
http://www.dallasloanguy.com/![]()
Texas Home Loans
I write about Texas Home Loans , live in the Dallas, TX area and lend across the entire Great State of Texas!! Subscribe to My Blog and stay informed about current lending changes!!


Marchel: Yep. Just gotta send out a mailer and update the website.
Linda: Yes... they rarely know who my lender even is....
Tom.... you have been in this long enough to know that yes, you will find a job. But making that choice is the hardest thing... finding someone that you feel comfortable with.
On another note, that does suck about the salaried employees.... good luck and call me for anything.... well, almost anything. ;o)
Jeff: Thanks for your support.
Voice of Reason: To answer your questions.... I may update the article if the employees get paid. But management is not communicating.... so I do not expect much. If I would have gotten some kind of official email or other announcement from the boss, I would have more hope. Instead, I get a phone call the evening before payday from my branch manager about no paychecks in the morning. And the owner mentioned knowing about the 'cash crunch(no mention of stolen money)' last week?!!?!
What would I do if my company was stolen? UH, that wasn't mentioned on the CH. 11 news by the owner.
I stand behind the facts 100%.... THEY ARE NOT COMMUNICATING WITH THEIR EMPLOYEES. My branch manager has to drag info out of someone up there.... but NOT ONE communication from the owner or anyone else in management.
I have heard the rumors too.... that money was stolen. I am upset with that person. However, the company has not sent one official communication to it's employees that I have seen so far. Therefore leaving a bad taste in a lot of people's mouths about this formerly Great Company.
Again: I stand behind the facts. Nothing scathing, just the facts.
Good Luck ex-Mav Employees!!!
Oh no Tom! I'm so sorry to hear this. Please keep us informed as to where you'll be. I think it's time for another happy hour and we can help you forget about this for a little while.
Donna: I was never 100% comfortable. But I will transition with ease.
Lorrie: LOL.... I didn't get paid. I may not be buying until next month. ;-)
Tom,
I am really sorry to hear that...I hope you find a good place to call home!
Candy: Thank you.
John: Thanks. I got you email. Trying to get back to everyone.
Karen: Thanks. I have had a week for sure.... lots of offers. I will be settled in a few days.
Lorrie: Yes, I have been 'Primed'
Ricki: I took a week and checked out all of the usual places.... I am settled. Thanks
uh, i was unemployed there for a few days.... dont know how much house i could buy. LOL
Hey.... I have phone/fax?!?!?!?!
And I will commute if it is big enough. ;-)
OMG! Tom I am so sorry! We need to talk. My life is crazy as well but this really stinks!! YOU are who makes your business work, not the company. I have no doubt you'll be on your way to bigger and better things. You are in my thoughts and prayers.
Tom, my thoughts and prayers are with all associated with Maverick. I just don't know what I'm going to do! I live in Wise County and the first name that came out of my mouth when someone asked me about a local lender was JJ Wilson at Maverick Mortgage here in Decatur.
I have been a little out of the loop with a fractured ankle, so when I instructed a new contact day before yesterday to stop by JJ's office and see what he could do for her and she called and said there was a note on the door that said "No longer in Business", I WAS MORTIFIED for those four people and their families in that office. I feel sure that, like you, they will bound back, but it has to be so traumatic in so many ways.
God Bless you all and please remember, "If God has brought you to it, HE WILL bring you through it."
HEY, and if you need a change of scenery, COME TO WISE COUNTY and set up shop! And of course, if you EVER need a GREAT Realtor, give me a call.
Karen: Talk to you soon.
Kathy: LOL.... have laptop/will travel. Thanks!!