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re: Maybe I’m wrong and that’s OK. But I need to understand the ethics behind this mortgage.
Posted on 2/27/21 at 7:29 am to AUHighPlainsDrifter
Posted on 2/27/21 at 7:29 am to AUHighPlainsDrifter
quote:
B-In order to get your business, they promised you a rate that was costing them money to buy at the time
C-They're gambling that their pricing for that rate would go down, allowing them to make more $ on the backend
Most likely, it's option C
Both of these are asinine statements
Option C is the most ridiculous
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