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05-20-2018, 08:37 AM #36Karen37aGuest
https://www.youtube.com/watch?v=VIqQydmOzNI
This is that kabaa...( can't say the word) guy saying the alternative lending industry is dead, making inferences that no one would attend an alternative lending conference and puffing out his chest thinking "data " is the way to go.
Then some wonder why some don't like them or their affiliates or friends.
Some companies are not your friends
These companies with $$$$ have momentum...its all designed to get backing $$ investors and clients and pushing an agenda forward
People thought lc was the darling of the industry until Frenchy pulled a "big short" like move...tranches, cdo, wrong ratings and left the company after pummeling their stock down ...Wells Fargo had a huge scandal where they opened up fake accounts with social security numbers.
Salespeople cannot be tainted in this nasty way constantly because it's not true.
I suggest Isos and brokers choose your partners wisely and choose the ones that care if you are still in business in a few years.If they are not "iso friendly" they will eventually topple you.Last edited by Karen37a; 05-20-2018 at 08:40 AM.
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