Mortgage approved: 5 factors that lenders consider on home loan applications in tighter financial market – "There’s no doubt things have tightened up, but it’s not as tight as everyone thinks," said Michael D’Alonzo, president of the National Association of Mortgage Brokers. "We had a 10-year run of.
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Two former Marin County mortgage brokers have been indicted in a $2.4 million loan fraud scheme, federal authorities announced Monday. Paul Sloane Davis and Diane Cobb, who ran a company called DM.
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Easing mortgage stress test better for first-time buyers: critics – The new federal budget includes a plan for Canada’s housing agency to offer interest-free loans to first-time homebuyers, but mortgage brokers, real estate agents and economists say it will do little.
The Commonwealth Bank has admitted to the banking royal commission there was a conflict of interest created by the commission payments that banks made to mortgage brokers. On day three of proceedings.
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