They don’t even have to leverage anything if they simply bundle and sell the loans and take a nice cut. That is why they all loved to make HELOCs and Re-Fi lonas. The ultimate lender may be someone on the other side of the world. Faster they loan, more profit they made. That is why they all blanketed with branches in every hole in the wall so the J6P can’t walk anywhere without hearing about HELOCs/ReFis. Now that the show is over, expect them all to close.
