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Your Mtggal
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"On average, brokers deal with 5.9 lenders for each client, according to a 2005 Taddingstone report." I sure hope brokers are sending their deals to an average of 6 lenders or the entire broker channel will shut down due to the huge cost of low funding ratios. It is the job of a broker to understand the client's needs and chose one lender to submit the deal to.
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Nov 14, 2012