Back to School~Today's word...Disintermediation!
By Scott Gormley
(Oak Valley Mortgage-California Home Loans and Refinancing)
I live in Chico, California, which is the home to thousands of college students. From time to time, I have high school and college students call me up to ask me questions for a class project that they are doing. I LOVE these calls! To have a child or young adult that has enough in them to call and actually do their homework is inspiring to me. I know many professionals that can't make such inquiries on the phone! Anyhow, I received a phone call today and I was asked if I knew what "disintermediation" was. Plain and simple! I was honest and said that I didn't, but I like to learn and I could google it and we could learn together. To that she responded, "Well I can do that myself!" and she wanted to end the conversation, so I said "ok, feel free to call me if you have any other questions...
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