[–] FrankWilhoit 10mo ago ↗ They cite a builder that "has its own financing arm".It may be originating mortgages. It may even be underwriting them. But it's not funding them. Someone still has to front the cash, and no one is going to do that for 4%.
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[ 5.5 ms ] story [ 11.3 ms ] threadIt may be originating mortgages. It may even be underwriting them. But it's not funding them. Someone still has to front the cash, and no one is going to do that for 4%.