As to number one and the last paragraph you write as if it is a one sided market—-as if anyone can come along and offer to fill out the paperwork cheaper than J

As to number one and the last paragraph you write as if it is a one sided market—-as if anyone can come along and offer to fill out the paperwork cheaper than JPM. But it’s a two sided market. And the second side is a government monopsony. Companies in that space will need to compete to become a dominant government contractor. That’s a very different business than signing up the masses. Regarding number two, you’d be competing against a currently near monopoly lender that has zero cost of capital, sets the rules of the game, and has no compunction about manipulating the underlying asset class. Good luck.