The murkiy side of the mortgage - 2004-01-23
A mortgage is a huge financial commitment for most of us; the biggest we'll ever commit. So it might shock us to learn that we may not have the mortgage that suits us best but the one that suits our mortgage broker best.
It may not surprise us that mortgage brokers receive commission payments from lenders, but many borrowers would be surprised to learn that brokers also receive other payments, over and above the "normal" upfront and trailing, or ongoing, commissions.
Read the full story at Melbourne Age