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  2. Mortgage Brokerages, Lenders and Administrators Act

    en.wikipedia.org/wiki/Mortgage_Brokerages...

    The Mortgage Brokerages, Lenders and Administrators Act, 2006 (the Act) came into force on July 1, 2008, replacing Ontario's Mortgage Brokers Act, 1990, [1] and requires all individuals and businesses who conduct mortgage brokering activities in Ontario to be licensed. [2]

  3. Mortgage broker - Wikipedia

    en.wikipedia.org/wiki/Mortgage_broker

    The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.

  4. Mortgage lenders vs. banks: Which is best for you? - AOL

    www.aol.com/finance/mortgage-lenders-vs-banks...

    Mortgage brokers act as intermediaries between borrowers and lenders, and can be helpful for those with unique financial circumstances. A lucky few can buy a home completely with cash.

  5. Mortgage bankers: Who they are and what they do in home lending

    www.aol.com/finance/mortgage-bankers-home...

    A mortgage banker is tied to one financial institution, while a mortgage broker works independently of lenders. As a result, mortgage brokers can help you compare options from various lending ...

  6. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Sometimes, a third party is involved, such as a mortgage broker. This entity takes the borrower's information and reviews a number of lenders, selecting the ones that will best meet the needs of the consumer. [3] Origination is regulated by laws including the Truth in Lending Act and Real Estate Settlement Procedures Act (1974).

  7. Portfolio mortgages: What they are and how they work

    www.aol.com/finance/portfolio-mortgages...

    A portfolio loan is a kind of mortgage that a lender originates and retains instead of offloading or selling on the secondary mortgage market. A portfolio loan stays in the lender’s portfolio ...

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