09/05/2024
This news article is what I have advocated for since coming into my own mortgage broker franchise.
The brokers are keeping their clients at the centre of everything they do unlike the banks that have sold this story for decades but it is their sheer greed that drives the actions and not what they say in their core values and mission statement.
I am proud to be a Mortgage Broker and helping my clients rob the banks!!!
Mortgage Choice Manu Gupta
https://www.abc.net.au/news/2024-05-09/ian-verrender-mortgage-brokers-eating-bank-profits/103821972?fbclid=IwZXh0bgNhZW0CMTEAAR05eEmu_g7S6hc4szzx8IyWVBJ8_KeY_HrlsQ3_OTc5khKCF79oZI76wGk_aem_AQh9F2kPY1AHOQzrBmSU54i8ODvEAAGr-sHH_R7LbkMIuy72cPFZAJ8AFCt3eYoQJFBszuRBw6c7E3MkwdBAFiJ3
For the first time in more than 30 years, the profit from business lending is outstripping mortgages. The reason lies in the rise of mortgage brokers.