LYCOS RETRIEVER 
Mortgage Broker
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A broker is paid an origination fee for selling the mortgages of loan wholesalers. Because they don't sell their own products, brokers are free to carry a variety of different loan programs. This can be helpful for subprime borrowers who don't qualify for conventional loans.
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In the 1970s, mortgage brokers did not have access to wholesale markets, unlike traditional bankers. Today, mortgage brokers are more competitive with their access to wholesale capital markets and pricing discounts. A mortgage broker has lower overhead costs compared to large and expensive banking operations because of their small structure.
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There are two primary reader audiences for "Real Estate Debt Can Make You Rich" by mortgage broker Steve Dexter. The first group of readers will be savvy home buyers and real estate agents who want to learn the inner-secret workings of the home mortgage industry.
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Invis Mortgage Consultants, Canada’s largest mortgage brokerage firm, can help. As a broker, they’ll fight to get you the best possible rates with Canada’s largest financial institutions – at no extra cost to you.
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WASHINGTON -- Reed Hauge was more than a little shocked when the hard costs on the quoted loan were $5,200 less than those his mortgage-broker buddy had offered. He was rather peeved, too.
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The laws governing mortgage brokerage in Canada are determined by provincial governments. Throughout Canada, high ratio loans are insured by either the Canada Mortgage and Housing Corporation, Genworth Financial or AIG United Guaranty.
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Mortgage Broker