"You know, I hear this all the time, but each time I am competing with a bank, I win. There rates are always higher, and with few exceptions, they always charge origination. I was contacted last week by a Wells Fargo account rep asking if I was interested in becoming an approved broker?? So, if you mean by squeezing that banks are shuttering their wholesale channels, then yes, I would agree, but as far as competing, it's no contest."
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