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  1. #1
    Senior Member Reputation points: 51665
    Join Date
    Mar 2016
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    657

    Quote Originally Posted by happyman View Post
    How do you guys deal with your annoying ISO reps?

    Ive got reps email blasting, bomb texting, and blowing up my phone constantly for stupidity.

    Ex. Merchants is 63% levered, rep claims merchant has 100k offer (which would lever him 72%) needs 120k to compete. I tell him its a nice file ill get 25k max which is a stretch. The rep begins to rip into my underwriting and how incompetent our company is. Obviously my feeling are not hurt my faceless ISO's who are trying to make a buck, but come on if ur file is garbage then ur file is garbage. End of story.

    Just curious on others approach in this area.
    Just tell them to syndicate 100% of the deal on your platform...usually shuts them up right away

  2. #2
    Senior Member Reputation points: 45092
    Join Date
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    275

    Quote Originally Posted by NoBigDeal View Post
    Just tell them to syndicate 100% of the deal on your platform...usually shuts them up right away
    Asking them to syndicate 10% will even get the job done. Like the earlier comment said it sounds like you need a BD rep to keep ISOs in check while UW does their job without dumb distractions.

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