Most Unexpected Decline Reason
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  1. #1
    Senior Member Reputation points: 7360
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    We had a deal about six months ago that was almost ready to fund. Numbers looked good. We did one last background check right before funding (we always do one last background and lien search) and discovered the fellow had recently been arrested for Armed Robbery.

    Yeah...we were seriously considering lending money to a guy that had just been arrested for stealing money!

  2. #2
    Had a deal killed because guy served 10 years for murder . The underwriter was so backed up he first saw it on the call so he asked the merchant about it . the response was priceless!!! " oh that ?? it was a while ago and i served my bit .. does it realy make a differance ??? " DEAL DEAD

  3. #3
    Senior Member Reputation points: 307559
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    Quote Originally Posted by WALLFUND View Post
    Had a deal killed because guy served 10 years for murder . The underwriter was so backed up he first saw it on the call so he asked the merchant about it . the response was priceless!!! " oh that ?? it was a while ago and i served my bit .. does it realy make a differance ??? " DEAL DEAD
    Same deal as me lol I did get a previously received from you guys

  4. #4
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    Quote Originally Posted by WALLFUND View Post
    Had a deal killed because guy served 10 years for murder . The underwriter was so backed up he first saw it on the call so he asked the merchant about it . the response was priceless!!! " oh that ?? it was a while ago and i served my bit .. does it realy make a differance ??? " DEAL DEAD
    He killed a person and they killed his deal. An eye for an eye as the good book says...

  5. #5
    Senior Member Reputation points: 10944
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    Quote Originally Posted by FUNd View Post
    He killed a person and they killed his deal. An eye for an eye as the good book says...
    And what book is that?

  6. #6
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    Quote Originally Posted by AndyYSCISOdept View Post
    And what book is that?
    The good one, dude.

  7. #7
    Senior Member Reputation points: 10944
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    Quote Originally Posted by FUNd View Post
    The good one, dude.
    I know lots off good books. If youd like we can write one together.

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