Reading a fascinating book about the mortgage origination industry in which the CEO of one company believed, for years, that “easy to approve” loans (high FICO, documented income, etc) went through process faster than more marginal loans. A consultant actually measured.
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I’m trying to place bets on whether “organization just didn’t know” or “organization knew but telling the boss would have brought down a Home Depot’s worth of hammers so organization kept it from the CEO” is more likely.
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