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News Headlines - mortgage brokers


United Wholesale Mortgage unveils fully digital mortgage for brokers
Mortgage brokers now have the ability to compete with Quicken Loans' Rocket Mortgage and other digital mortgage options from large lenders, as United Wholesale Mortgage unveiled its own fully digital mortgage that brokers can offer to their borrowers.
UWM Launches New 'BLINK' Mortgage PortalNational Mortgage Professional Magazine

all 6 news articles »

The death of the mortgage salesman is unfortunately premature
The Guardian (blog)
On the quiet the major mortgage lenders have begun making “retention” payouts to brokers, alongside the “procuration” fees they have long paid. If you have no idea what this means then that's probably the idea – to keep you in the dark. The procuration ...

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Motley Fool

Should You Use a Mortgage Broker? -- The Motley Fool
Motley Fool
Find out if using a mortgage broker makes sense for you.

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The Australian Financial Review

CBA to mortgage brokers: Beat rivals by switching
The Australian Financial Review
Commonwealth Bank of Australia is encouraging brokers to advise clients to switch mortgages rather than lose borrowers to competitors. It comes as new strategies from major and smaller lenders rapidly emerge in response to changing regulatory, funding ...

HousingWire (blog)

How much money should you have in savings before becoming a mortgage broker?
HousingWire (blog)
“A good way to start off is to work as an assistant for a busy mortgage broker so you learn how to submit files and take applications and how to qualify a borrower. Another option is to start as a mobile advisor for a bank. This is a great way to build ...

Motley Fool

Your Mortgage Broker Won't Tell You This, but We Will
Motley Fool
Used-car salesman make money by selling cars, barbers make money by cutting hair, and mortgage brokers make money by getting you to borrow. There isn't any reason to believe that any one has your interests at heart. Mortgage brokers get paid when you ...

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'NZ very different to Australia' mortgage brokers' lobby group argues as ASIC eyes major changes after reviewing ...
We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next?

Wells Fargo Hit With Wage Action By Calif. Mortgage Brokers
Law360 (subscription)
Law360, Los Angeles (March 21, 2017, 4:21 PM EDT) -- Wells Fargo & Co. was hit with a putative wage-and-hour class action in California court recently by two former mortgage brokers who allege the banking giant failed to pay them for meal and rest ...

Mortgage Broker News

Profile: Jason Zuckerman of Hypotheca Mortgage Brokers
Mortgage Broker News
The mortgage industry is a tough business to get into, especially when you're just starting out and you're still trying to build your business upon your contacts. It's quite difficult as it's a highly competitive industry. Also, because pretty much ...

The Sydney Morning Herald

Federal Government urged to rein in mortgage broking industry
The Sydney Morning Herald
Consumers are being left with home loans larger than they need or can afford because the mortgage broking industry is rife with conflicts of interest, a new report reveals. The Australian Securities and Investments Commission's review of mortgage ...
Banks plan mortgage broker shake-outThe Australian Financial Review
Mortgage broker myths debunked in ASIC investigationCHOICE
Are mortgage brokers facing their own FOFA moment? | Money ...Money Management
SBS -The Adviser
all 12 news articles »
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