Any sales person can come in after the fact and say they would have done it for less. I’m not saying this is the case but it sort of is.
The client asked the broker to call if rates fell below 5. The broker has a relationship with the client and he called.
HLS
You say you would have been way less on the loans with respect to fees. But the question here is whether it was a fair loan or not. Have you seen worse loans and on a scale of 1 to 5, 1 being the best deal 5 being the worst where would you say this loan ranks.
