Brokers fear more compensation cuts – Ask a Vancouver Mortgage Broker
October 15, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
By Nestor Arellano Mortgage professionals are worried First National‘s compensation cut will see other lenders follow suit or — what’s even more sinister — adjust their interest rates to force broker buydowns. “First National’s decision was troubling because many brokers fear other lenders would follow suit,” said Sudip Adhikari, a broker with Centum in Toronto. […]
