TITLE

Counting the costs of working in a downturn

AUTHOR(S)
Malle, Dev
PUB. DATE
November 2007
SOURCE
Mortgage Strategy;11/5/2007, p38
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the risks faced by directly authorized (DA) brokers brought by the mortgage crisis in Great Britain. It states that there have been a growth in DA brokers joining the mortgage industry, despite the market condition. It shows that the crisis results to a lower income by brokers which results to a decline in turnover as well as poses threat to the companies' fixed costs. It suggests that cost control should be considered.
ACCESSION #
27737543

 

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