[arealfundguy]

Love a good conspiracy theory does not seem far off. But there is plenty of no coj 2nd position company’s like Lendini, Forawrd and Knight that don’t need a coj on every deal .Brokers know those deals are the easiest to stack and they operate clean practices with brokers and clients.COJ only funders will have to live without cojs eventually 2nd position funders that used to use a COJ on every deal will go out of bussiness or adjust and lower there funding amounts and underwriter better.