Mortgage broker fees making home loans riskier, Royal Commission finds – Mortgage brokers have pushed back against a proposal to ban commissions that banks pay them for selling home loans after the royal commission found they contributed to misconduct and risky borrowing..
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Second mortgage brokerage firm tied to real estate developer Fortress Real Developments shuts down – A second mortgage brokerage firm that raised money to finance projects for Fortress Real Developments Inc. has closed its doors, marking another setback for the troubled real estate developer. FDS.