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What do you see as for the future for mortgage brokers and wholesale lending as a channel?

Posted on: 15th Oct, 2010 01:34 pm
What must the lenders provide? What criteria are essential to attract and retain Premium Brokers? What impact does Financial Reform and Consumer Protection have? What about the end of YSP (Yield Spread Premium) in April 2011, licensing, audits, etc. and the withdrawal of BofA from the market have on this channel?
Hi williaml,

Formation of Consumer Protection Bureau will surely tighten the norms related to Marketing And Advertising of the Financial Products. But, One should look after this change as an Opportunity to enhance one's commitment towards Customers Satisfaction!

Although the margin of Broker (including online Broker) is a prevaling issue, When it comes to the sell of the Product and it will continue to be one of the prominent factor affecting the sell...
Posted on: 04th Jan, 2011 02:45 am
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