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JackPosobiec's profile
Jack Posobiec
Jack Posobiec
Jack Posobiec
Verified account
@JackPosobiec

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Jack PosobiecVerified account

@JackPosobiec

China analyst, Mandarin linguist, Veteran intel officer, Catholic, Scifi aesthete

Washington, DC
OANN.com/?s=posobiec
Joined May 2012

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    Jack Posobiec‏Verified account @JackPosobiec Apr 21
    • Report Tweet
    • Report NetzDG Violation

    Lawsuit: Banks prioritized larger small businesses loans over lower amounts to collect processing feeshttps://abc7.com/payback-protection-program-small-business-loans-coronavirus-businesses-wells-fargo/6118207/ …

    1:48 PM - 21 Apr 2020
    • 145 Retweets
    • 230 Likes
    • Kae Wood JayAyzle grannie annie🇺🇸 By The Book “Covfefe”⭐️⭐️⭐️ THE Book Goddess ⭐⭐⭐ Text TRUMP to 88022 C.M.B. 🇺🇸🇺🇸🇺🇸 marilyn Pavlicek Robbie_Mac Dogleg Right
    26 replies 145 retweets 230 likes
      1. New conversation
      2. Viktoriia  🇺🇸 🇺🇦‏ @ViktoriiaUAH Apr 21
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        Replying to @JackPosobiec

        Interesting. The fee schedule is 5% up to 350k. 3% 350k to 2mill and 1% 2mill+. If you have certain cap In Amount of funding you can write why not write a bunch of small loans and get the 5% fee. Keep it simple. You can write 100mill if loans total. Why write 50 2mill loans

        1 reply 0 retweets 3 likes
      3. Viktoriia  🇺🇸 🇺🇦‏ @ViktoriiaUAH Apr 21
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        Replying to @ViktoriiaUAH @JackPosobiec

        And get 1mil in fee revenue or choose to write 286 loans under 350k each and get 5 mil in fee revenue. Seems the anti banker crowd is at it again.

        2 replies 0 retweets 4 likes
      4. 2 more replies
      1. New conversation
      2. Myki Lujan‏ @LU7AN Apr 21
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        Replying to @JackPosobiec

        wouldn't it have made more sense for them to processes smaller loans first, so they would get a larger number of applications processed? Are the fees based on loan amount, or is it a fixed fee per loan?

        1 reply 1 retweet 2 likes
      3. Ranger Rick‏ @TampaFLPolitico Apr 21
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        Replying to @LU7AN @JackPosobiec

        Based on loan amount

        0 replies 0 retweets 1 like
      4. End of conversation
      1. j d‏ @jdelec63 Apr 21
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        Replying to @JackPosobiec

        You can't blame the person processing the loans. The system is set up that way. That loan processor has a family to. It should be a flat fee regardless of the amount then the processor would not care who goes first.

        0 replies 0 retweets 6 likes
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      1. SheeponMainSt‏ @SheeponMainSt Apr 21
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        Replying to @JackPosobiec

        Precisely what small business expects from the big Banks.

        0 replies 0 retweets 2 likes
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      1. Paul LB‏ @mnu_mna Apr 21
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        Replying to @JackPosobiec

        Ridiculous and shameful

        0 replies 0 retweets 2 likes
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      1. Dee Mari 🙏 ✝️ 🇺🇸 🌱‏ @dbest103 Apr 21
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        Replying to @JackPosobiec @neesietweets

        Shocker....not. It is all about their bottom line says this 20 year former bank employee.

        0 replies 0 retweets 2 likes
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      1. Nolan‏ @nolanp09 Apr 21
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        Replying to @JackPosobiec

        some of the “larger small businesses” aren’t small businesses. There are flaws in the design of the PPP.

        0 replies 0 retweets 1 like
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      1. The BBQ-Dad‏ @The_BBQ_Dad Apr 21
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        Replying to @JackPosobiec

        This is exactly why Jesus drove the money-changers out of the temple. We can't expect God to do all the work.pic.twitter.com/kwRnDckYKh

        This media may contain sensitive material. Learn more
        0 replies 0 retweets 1 like
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