On this episode of Lost and Founders, host Julian Fayad is joined by Rory McGrath of Aurelius Capital for an unfiltered discussion on the ethical state of the lending and mortgage broker industry.
Rory, known for his outspoken stance, pulls no punches on controversial marketing tactics—including why a 'Black Friday' sale on a 30-year credit commitment is morally questionable and invites regulatory scrutiny. We discuss the cost of non-compliance, the inevitable disruption coming to the sector, and the crucial need for finance professionals to adapt or face ruin.
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