[Regium]

Had a few deals with them approved and then when we requested contracts the underwriting takes place and the deal killed... Is that the chicken before the egg or vice versa...

Many players do it this way. IMO, it's retarded

[SCP]

Many players do it this way. IMO, it's retarded

More and more it seems. Making a game out of # of apps in the door, sending out a generous pre-qual, only to be squandered later on in the process.

The last file we worked with Swift (albeit, it was larger) they took it to committee at the end of 11 days, and our rep gave us an ultimatum of "It's either going to be the full $500k or nothing at all" Guess which one it was? Lol. No re-pricing whatsoever, hah. Because a file that gets 99% of the way through the process at $500k certainly couldn't be worth $400k or $350k - let's just say $0 -_-