How mortgage broking was saved from near death
The Hayne recommendations nearly finished off mortgage brokers a year ago. Today, their services are more in demand than ever.
One year after the Hayne commission delivered a set of recommendations that would have annihilated mortgage brokers, the good times are rolling again.
Loan Market’s Bernard Desmond says he expects to do twice as much business this financial year as last year and is on track to write more than $100 million worth of loans.
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