[TheUnderwriter]

I have seen buy rates as low as 1.19 12 months so depending on the credit and deal itself, 1.30 may have been priced too high to achieve the points broker wanted and ultimately what merchant should pay. The offers co to co on the same deal are way off. No wonder brokers have to shotgun deals

Cant say i agree with this. If the broker says they are selling the deal at a 1.39 or any rate above the buy rate it still looks exactly the same on the contract since the sell rate is the sell rate no matter if the broker is making 1%, 2% or 15% so if the broker says the merchant agrees to a 1.39, its 'sold' and now the broker just asking for more points. Now if they want to look for a better deal and they get it, good for them but we all know time kills deals - merchant is either going to fund with another broker or they just lose interest/go dark. I would just think its better to make something on a deal then make Full Boat on $0 funded

As regards to the 'funders' that are blowing up brokers phones on here, cant say i would ever do that here since the few people i know and trust here are good people but i would never want the rando brokers from here submitting to me but those 'We fund A-Z paper and fund 15%' post are pretty funny. Desperate funders out here.