Hook

Their other posts in the index, biggest breakout first.
Mortgage companies don't make money by lending money out. They have a temporary warehouse like line of credit and anybody thinks I'm wrong, tell me in the side chat or tell me in the comments down below. Tell me I'm wrong because I'm not. So what happens is Rocket Mortgage gives you a loan with their money on a warehouse line of credit, big warehouse line of credit, like hundreds and hundreds of millions of dollars. And they hold that for like maybe three to six months. They season that loan and then what do they do? They sell it off to another company, they get that money back and then they go do another loan. Rocket Mortgage doesn't give a crap about me buying a house sub two. So if you went into your records on your mortgage company, I bet you your note on this awesome new property you guys have has probably been sold already four times. So think about the think about the logistics of that. Which one of these servicing companies that are so disenfranchised like so disassociated with this note, they they're not tracking due on sale, they're not tracking deed, they're not tracking any of that stuff. They're just selling the note over and over and over and over in the secondary market. None none of these companies know that we're doing anything like this. Nothing.