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08-02-2023, 04:08 PM #1
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 201
Backdooring: A New Low
Check out this email one of my employees just got today. This is a new low. Real upstanding person over here.
wow.png
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08-02-2023, 04:23 PM #2
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08-02-2023, 04:40 PM #3
- Join Date
- Jun 2015
- Posts
- 3,326
You are going to cause half this forum to text her lol
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08-02-2023, 04:42 PM #4
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 201
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08-02-2023, 05:00 PM #5
- Join Date
- May 2023
- Posts
- 48
forgive my ignorance here but is the idea of this that the original ISO who submitted the deal is asking too many points on it and she's looking to shop the deal to another ISO who will work it for less?
Is it that the original ISO can't close the offered deal?
Is it that the OP can't fund the deal and wants to split a commission if a new ISO can get it funded and closed elsewhere?
What's the play here?
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08-03-2023, 08:18 AM #6
- Join Date
- Jun 2015
- Location
- Gainesville, FL
- Posts
- 201
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08-03-2023, 09:05 AM #7
- Join Date
- Feb 2017
- Posts
- 3,463
OnTheRopes: She works for somebody and submits the deals to funders. However, she is using her Protonmail to find a broker or funder who will pay her directly, rather than her main shop where she gets a split with the house. That's called a backdoor in the industry. She wants to make better money by being extremely up-front about her theft, that's all.
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08-03-2023, 12:36 PM #8
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08-03-2023, 12:49 PM #9
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08-03-2023, 02:03 PM #10
- Join Date
- Jun 2023
- Posts
- 3
Anyone here have experience with G&G (consolidation company) backdooring??
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