The Royal Commission Report: Impact on Borrowers

Feb 21, 2019 8:11:55 AM

Earlier this month, the long-awaited Final Report of the Royal Commission into misconduct in the Banking, Superannuation, and Financial Services Industry was delivered, proposing changes – amongst other recommendations - into the way mortgage brokers are remunerated.

With over 59% of all home loans in Australia underwritten by mortgage brokers, the findings from Commissioner Hayne’s report would see a significant shake-up to the way borrowers access mortgage lending. In the midst of all the media hype around the report, Mortgage Express would like to remind its customers that the service we provide to you, our valued customers, has not changed.

Read more

Topics: Home Loan Advice, Australia Mortgage Broker, Royal Commission Report Australia, Broker Behind You