What are the implications of lenders cutting out brokers by adopting dual pricing?

May 2008
Mortgage Strategy;5/19/2008, p17
Trade Publication
The article presents the opinions of two brokerage experts regarding the implications of lenders cutting out brokers by adopting dual pricing. Sue Cox, business manager of Banana Inc., believes that the market conditions have deteriorated and lenders are penalizing brokers by offering better business deals. Paul Winter, chief executive officer (CEO) of Ipswich, said these lenders will be difficult to replace when the market picks up again.


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