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Coalition backs down on ending trail commissions for mortgage brokers – The federal government has backflipped on a key recommendation of the banking royal commission and will no longer ban trail commissions for mortgage brokers from 2020, as it promised to do last month..

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‘No free lunch’: Get set to pay upfront for your mortgage broker – In my nearly 14 years of financial journalism, never have I encountered a more vociferous backlash than the occasions on which I’ve had the audacity to point out that mortgage brokers – the supposed.

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30-year mortgage rates drop below 4% for first time in 18 months – For pricing purposes, we get to use the highest middle credit score. Mortgage broker Jeff Lazerson can be reached at 949-334-2424 or jlazerson@mortgagegrader.com. His website is www.mortgagegrader.com.

Royal commission lights a fuse under mortgage broker payments – While counsel assisting, Rowena Orr, traversed plenty of ground on Monday during her interrogation of Commonwealth Bank chief executive Matt Comyn, she seemed disproportionately focused on the.

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OPEN HOUSE: New mortgage broker guidelines hope to improve credible status – Residential mortgage brokers may soon have a new set of guidelines to follow when dealing with their borrower clients. At least that’s the objective of a new resolution approved by the Residential.

Aussie Home Loans mortgage broker fraud kept secret – Aussie Home Loans customers, lenders and the corporate regulator were initially kept in the dark about fraud committed by a mortgage. Jason South But Ms Harris was unable to say whether customers.

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Mortgage broker punched, spat on sex worker, court hears – A Sydney mortgage broker paid for the $200 "platinum service" at a suburban. has also been accused of drug supply after police raided his home in Belmore, in Sydney’s south-west, and allegedly.

Why it’s finally time to ban mortgage broker commissions – But arguably the most glaring instance of incentives gone wrong in the mortgage market is the way mortgage brokers are paid. More than half of all home loans written each year in Australia are.