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They are going to deal with it if it goes into foreclosure working with the lawyer and such related stuff. So that they promote that package to Wall Street and individuals are going to purchase that package deal as a revenue stream. That is what we’re going to call a standard or an institutional kind. So some banks retain that servicing and make money based mostly upon that servicing however they offer what’s known as recapitalize. In institutional financing is the type of financing through which an establishment owned or backed by the federal government is concerned and banking sector is an example of such sort of institutions. In such financing the institution provides financing for the property or some other asset but then what they’re going to do is they’ll bundle the loan they just did to you with a number of different loans and they are going to take that as a bundle and promote that bundle on what’s referred to as the secondary market. Generally banks retain the servicing and they receives a commission apportion. What they are attempting to do is generate revenues primarily based upon themes when they actually grant a loan. Servicing means they are going to collect the funds.
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