Amid massive economic uncertainty and a global pandemic, Compass is scaling back its Concierge and Bridge Loan services, The Real Deal has learned. The SoftBank-backed brokerage is “proactively” restricting the programs at the behest of lending partners, according to a March 16 email to agents that was seen by TRD. “We partner with leading financial institutions and lending partners to drive the Concierge program and based on what they are seeing in the overall market,
source https://therealdeal.com/2020/03/17/compass-to-scale-back-lending-programs/
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