[AndyYSCISOdept]

Basically if you aren't underwriting and contracting on your own paper then youd be a "broker" correct? regardless of whether or not you take advantage of the syndication opportunities presented

[Funder Mark]

Basically if you aren't underwriting and contracting on your own paper then youd be a "broker" correct? regardless of whether or not you take advantage of the syndication opportunities presented

That is my personal opinion. Is it your name AND money on the line? Whoever actually sends out the funds is the funder, whoever brings in the deal is the broker, even if the broker buys a piece of the action.