The $3.5billion reverse mortgage market is slipping away as baby boomers settle into retirement, according to a major spokesgroup
A new report from accounting firm Deloitte has described intense margin and cost pressure among both major and non-bank lenders, but this is not expected to result in further decreases to commissions
Reverse mortgages have hit $3.3bn in funding, growing 10% over the last year
Cross-selling has been branded the 'holy grail' of mortgage lending in 2012 - so how can brokers tap into it?
Brokers are unlikely to see any market share improvement in 2012 beyond the 43% they already control, according to Deloitte partner James Hickey
Major banks will encourage consolidation in 2009 by limiting their relationships to top aggregators, Deloitte has predicted.