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1 Nov 2024 13:14
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      Home > News > Business

    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?


    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.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     01 Nov: Mining must become more responsible and sustainable. Where hi-tech solutions fit in
     01 Nov: The cruise industry's hopeful a new economic report will bring the need for regulatory change to the forefront
     01 Nov: Progress may be on the way for a long vacant plot of central Wellington land
     01 Nov: Consumers are getting better at keeping up with their payments
     01 Nov: Fresh vegetable prices could go through the roof - if changes to freshwater management go ahead
     31 Oct: Optimism's rising among businesses - largely driven by construction
     31 Oct: Diamonds netball coach Stacey Marinkovich believes the player pipeline to her world champion side is being held up by the influx of internationals playing Super Netball in Australia
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    Ethan de Groot has been left out of the All Blacks side to play England at Twickenham on Sunday for failing to uphold team standards More...

    BUSINESS BUSINESS
    Mining must become more responsible and sustainable. Where hi-tech solutions fit in More...


     Today's News

    		 Business:
    Mining must become more responsible and sustainable. Where hi-tech solutions fit in 13:07

     International:
    Did the Nazis and the CIA help shape the history of LSD? 13:07

     Christchurch:
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     Entertainment:
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     Business:
    The cruise industry's hopeful a new economic report will bring the need for regulatory change to the forefront 12:47

     Rugby League:
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     Entertainment:
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     Law and Order:
    Charges are being considered for a person - arrested following an indecent assault in South Auckland last week 12:17

     Entertainment:
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     Law and Order:
    Philip Polkinghorne maintains his wife bought the meth found in his Auckland home 11:47

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