Quote Originally Posted by MCNetwork View Post
In the contracts I have with my funders, the clawbacks only occur if the deal goes bad within the first 30 days. After that period, the ISO keeps the commission for good. That's pretty reasonable IMO.

I completely agree with you, but the problem we've found with clawbacks is that underwriters don't do as much due diligence as they would knowing they get no commission back. Its definitely a situation that you can go either way on.