Image for post
Image for post

According to the Six Degrees Rule, created by financial analyst Andrew Weinreich and made hugely famous by Kevin Bacon, any two people on Earth are only six or fewer acquaintances apart from knowing each other. It’s a fun concept — but in the financial industry, it points to a dangerous risk.

Odds are, if you work in the real estate, mortgage or banking industries, you’ve done business with a:

  • real estate agent
  • appraiser
  • lender
  • title agent
  • mortgage scammer

Maybe not knowingly or in that order, but you get the idea.

In the financial industry, a payment scandal is theoretically only six degrees (or less!) …

ATS Secured

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store