GREY:CXSNF - Post by User
Comment by
kingposton Jun 22, 2014 10:27am
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Post# 22683735
RE:RE:RE:RE:question on roll overs?
RE:RE:RE:RE:question on roll overs?Alltruth .. you answered my question .... and that makes sense if thats the case, lets use an example, if a broker brings street a $500,000 mortgage and gets a $5,000 commission on the first mortage , and then after five years on a roll over at street the broker might get another $2,000 but on the roll over yjr nroker is not even in contact with the mortgagee (he just gets a nice cheque in the mail)... so the $3,000 is the increased spread to street and CXS?