4 ms·
Agree here. Most of the money made on a mortgage with the lowest risk are the origination fees (say ~$10k in US) and then the individual mortgages are sold off
by czbond 8y ago
Agree here. Most of the money made on a mortgage with the lowest risk are the origination fees (say ~$10k in US) and then the individual mortgages are sold off to sit in tranches where they are risked by credit level and p