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Lex Fridman Podcast cover image

#409 – Matthew Cox: FBI Most Wanted Con Man – $55 Million in Bank Fraud

Lex Fridman Podcast

NOTE

Insider Knowledge of Mortgage Company Operations

The speaker gained valuable insider knowledge of mortgage operations when they opened their own mortgage company. They had direct communication with underwriters, lending institution owners, and account executives. The speaker was exposed to various mortgage programs such as liar loans and no doc loans, where minimal documentation was required for applicants with high credit scores and available funds.

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