3 ms·
In the U. S. at least many if not most lenders sell the loan after it is made. So their business model isn't about collecting interest every year but collectin
by staticman2 4y ago
In the U. S. at least many if not most lenders sell the loan after it is made. So their business model isn't about collecting interest every year but collecting a cut of the loan when the loan is bundled into a mortgage backed security when third party investors buy the loan.