Quote Originally Posted by fundingsmbs View Post
you got that right. long gone are the days of one funder being able to handle 80-90% of the business. Each ISO has had to construct a large flow of funders to send deals to, and, the offers are all over the place per company as well as stip lists. the issue with this massive bidding model is, only 1 company wins and the rest spend all their time UW and making offers with no yield.
yes I agree but you only need 2-3 lenders in each space (A+-A,B-C, D). If you understand what they do and what they like you will be able to maximize bonus' by sending your deals to the right company the first time rather than shot gunning all over the world