mortgage brokers

How to Choose a Mortgage Banker

When choosing a mortgage banker, while the underlying interest rate on the loan is important, there are several other factors that you should consider.

Businesses That We Complain About the Most

Poor customer service is one of the primary reasons people tend to shun certain companies and even whole industries. 24/7 Wall St. identified the U.S. industries with the most complaints, as well as the troubles people have with them. If customer service is important to success, those we identified are in trouble.

Mortgage Reform Could Limit Consumer Options

A federal law that goes into effect Friday is about to change the way mortgage brokers earn their pay. Advocates say the rule prevents mark-ups on loans that pad brokers' incomes, but critics argue the law hurts consumers by narrowing the marketplace and funnels more customers to fewer lenders.

New Mortgage Regulations Could Bruise Housing Market

New regulations limiting mortgage brokers' compensation go into effect on April 1. While they're meant to protect mortgage borrowers from unscrupulous brokers, they could have an adverse impact on the nation's struggling housing market.