MCA was killing it because investors had confidence, and, securitizations became popular. the models of UW didn't have built in a recession, especially something like this. It is true online lending and large aggregators were disrupting broker space, but, Covid has highlighted some major issues pre covid. ODC is one example. A fire sale? It is going to be a slow and painful rebound

in great times, yes, it was a money maker, today, not the best time to be starting a shop