Honest brokers. Why mortgage broker commissions aren't the problem
- Written by Mark Humphery-Jenner, Associate Professor of Finance, UNSW
Most mortgage brokers provide good service.ShutterstockThe Hayne Royal Commission began and ended with strident criticism of the mortgage broking industry.
It recommended brokers be required to act in the “best interests” of intending borrowers, and that intending borrowers, rather than the successful lender, pay the broker’s fee....
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