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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1754 |
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Monica's manager would do anything to earn the commission from a loan by altering any bit of information needed to complete the transaction. On one occasion, Monica's manager handed her a White-Out correction tape and a payment history and instructed her to "fix it the BEST way that you know how". Monica then stacked the file together and submitted it to the Lender with a payment history reflecting the correct information; twice 30 days late and once 90 days late...
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Monica then stacked the file together and submitted it to the Lender with a payment history reflecting the correct information; twice 30 days late and once 90 days late. This information would have been enough to disqualify the mortgagor or qualify them for a high risk, high interest rate loan.
Two days after submission, Monica's manager came to her and asked if she had accidentally sent the "wrong information" to the Lender and if she wanted to try to "fix" her mistakes, allowing his friends to get the loan to purchase their first house...
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General points of the essay
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