Loan Officer and the Underwriter
A person is flying in a hot air balloon and realizes that they are lost.
They reduce the height and spot a person
on the ground below. They lower the balloon further and shout, "Excuse me, Can you help me? I promised a friend I would
meet him half an hour ago, but I don't know where I am."
The person below says, "Yes. You are in a hot air balloon, hovering approximately 30 feet
above this field. You are between 40 and 42 degrees North latitude and between 58 and 60 degrees West longitude."
"You must be an underwriter,"
says the balloonist.
am," replies the person below, "how did you know?"
"Well," says the balloonist, "everything you have told me is technically correct,
but I have no idea what to make of your information, and the fact is, I am still lost."
The person below says, "You must be a loan officer."
"I am," replies the balloonist,
"but how did you know?"
"Well," says the person below, "you don't know where
you are, or where you are going. You have made a promise that you have no idea how to keep, and you expect me to solve your
problem. The fact is: you are in exactly the same position as you were before we met, but now it is somehow my fault."