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by lifeisstillgood 848 days ago
Wait what? 1B in mortgages per year, even at a nice fat 500k per is what 2,000 closures or something like 10 per day every day.

It’s not impossible but, wow, that’s grinding it out day after day.

2 comments

I think it highlights why this jerk was rude and short about it. They want to avoid high maintenance customers because it impacts their short term metrics of how many they can churn out and directly affects their compensation. There are presumably zero repercussions for them personally - the worst case maybe is some long term reputational damage for the bank.
This is in the Bay Area so more like 1M each. But still I was also very impressed.