Our next guest decided to start a mortgage banking company in 2008, something hindsight may say was not exactly a wise idea. It was the beginning of the financial crisis and a time when most banks were making it harder to finance a home because of stricter government regulations. However, the company survived and by 2012, was number 227 on Inc. magazine’s list of the 500 fastest-growing private companies in America, and that same year, was purchased by a large regional bank. Now, three years later he and his fellow mortgage bankers are back in business.
Mike Switzer interviews Wade Douroux, president and CEO of Resource Financial Services in Columbia, SC.