Iconfiteri: A mortgage broker response to a detractors

by AB26 Aug 2013

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I Confiteri

Some of the assertions made:
  • That Banks have consolidated and grown more powerful since the GFC
  • That the big four have taken over many of the smaller banks aggregators, and financial services businesses
  • That banks aim to offer, and profit from, multiple products to their clients
  • That mortgage brokers may not offer the "best deals" to their clients
  • That mortgage brokers are not "adequately" disclosing commissions and remuneration
  • That mortgage brokers push "products" to clients based on remuneration, rather than suitability to clients.