3 ms·
Many banks don't care, they are going to turn around and sell the loan. Some banks don't even make money off of the loan itself, they break even or even lose mo
by rufus_foreman 5y ago
Many banks don't care, they are going to turn around and sell the loan. Some banks don't even make money off of the loan itself, they break even or even lose money originating the loan and make money servicing the loan - collecting the payments.