WriteDown
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Mon Jan-26-09 09:54 AM
Response to Reply #64 |
80. Whoever your trainer was did not understand the |
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business model then. That's not uncommon though. I've worked with Wells before so I think I have some idea about fee-based servicing and non-fee based servicing as well as risk-based servicing and non-risk based servicing. Also, since over 95% of mortgages are paid on time without any contact with their servicer, making money solely on fees would not be profitable.
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