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Up-front and trailing commissions paid to mortgage brokers by lenders are making the home loan market more risky, the royal commission said in its interim report, keeping the prospect of a clampdown.
Smith, a federally registered lobbyist representing the city of Pembroke Pines. General Motors and the National.
However, many agents say it is often their parents who are paying the huge deposits for the flats given the sky high prices of housing in the city. Millennials. managing director of Centaline.
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The Hayne royal commission has now arrived at one of the most fiendishly difficult questions in the country’s $1.6 trillion home loan industry: exactly whose interests do mortgage brokers represent?
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Macquarie Group chief executive Shemara Wikramanayake says mortgage brokers have a "valuable role to play" in the home lending industry, but says the challenger bank will adapt if changes to the way.
The top 10 are: New homeowners in Hamilton, St. Catharines and Barrie are among the prospective customers of this.
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