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Yep I can say this.

I think I remember reading about Michael Lee and another business of his which was a refund type brokerage where the consumer pays an upfront fee and then gets all commissions rebated or something like that. Lots of different models out there but all loans ending up in the same places! Some...

It's been tried before. Ian Thorpe was involved in a similar business that sunk without a trace about 5 years ago. Seems to me lots of outsiders think loans are like general insurance or similar and they are trying to find ways to use technology to disrupt the mortgage market. Problem as I see...