Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?
Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?
16 May 2024
Discussions at a banking conference centred on concerns brokers don't encourage mortgage rate competition.
Simplicity CEO, Sam Stubbs, says they provide a valuable service, but commissions are a worry.
He says the Commerce Commission is concerned brokers may be trying maximise their commission.
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