It is difficult to understand why they lose so much money when they generate so many loan sales and get paid commissions for doing it.
Seems simple to me , if it costs more than the income to generate the sale stop doing it
Put your cost to set up the loan up or reduce your fixed costs.
This quarter was around $1m loss , it seems next quarter will be the same .
If they are making record sales what happens when sales levels slow ,
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