Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Promoted
how does a bank make money if they sold my loan right after they originated it?
2 Answers
Relevance
- Anonymous9 years agoFavorite Answer
If you have a higher-than-market interest rate, the investor buying the loan will pay more for your loan. That is where most of the money is made and why 99.9999% of loans are sold to big investors and not retained by the originating lender.
- kemperkLv 79 years ago
points
simple as that
2 points, for example, on an insured bundle sold for 14 billion is good money
Still have questions? Get your answers by asking now.