License to deal: Industry regulations pertaining to mortgage brokers

Mortgage brokers have been the primary points of interaction between customers and the mortgage industry during the last 25 years. There have been allegations against certain brokers of fraud, forging loan documentation, and misrepresenting the interests of their customers. The efficiency of the existing industry regulation is called into question by the claims. Although licensing

License to deal: Industry regulations pertaining to mortgage brokers

Mortgage brokers have been the primary points of interaction between customers and the mortgage industry during the last 25 years. There have been allegations against certain brokers of fraud, forging loan documentation, and misrepresenting the interests of their customers. The efficiency of the existing industry regulation is called into question by the claims. Although licensing