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13 Jun 2024 23:53
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      Home > News > Business

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?


    Discussions at a banking conference centred on concerns brokers don't encourage mortgage rate competition.

    Simplicity CEO, Sam Stubbs, says they provide a valuable service, but commissions are a worry.

    He says the Commerce Commission is concerned brokers may be trying maximise their commission.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     13 Jun: Experts say thousands of home owners face property value loss due to new flood modelling. In Melbourne, the process has begun
     13 Jun: The decline in gas supply has led to production cuts and a 99-percent increase in coal-generated electricity - according to MBIE
     13 Jun: An Auckland public official accused of awarding millions of dollars in public contracts for bribes is pleading not guilty
     13 Jun: Beer brewers say they're disappointed in the government over a bump in alcohol taxes
     13 Jun: Calls for New Zealanders to take action over their electricity prices
     13 Jun: Hospitality is lagging far behind in productivity, compared to other types of small business
     13 Jun: A Christchurch company's stepped in to save this year's Canterbury A&P show
     Top Stories

    RUGBY RUGBY
    The injury cloud hovering over Blues forward Akira Ioane has cleared More...

    BUSINESS BUSINESS
    Experts say thousands of home owners face property value loss due to new flood modelling. In Melbourne, the process has begun More...


     Today's News

    		 Rugby League:
    Reece Walsh is set to be available for Queensland selection for game two of league's State of Origin at the Melbourne Cricket Ground 21:57

     Entertainment:
    Matt Bomer believes he lost his chance at playing Superman after being outed as gay 21:35

     Business:
    Experts say thousands of home owners face property value loss due to new flood modelling. In Melbourne, the process has begun 21:27

     Law and Order:
    Police have confirmed they've spoken to a person of interest, in the search for an Auckland man missing for more than six weeks 21:17

     Entertainment:
    Sara Ramirez has filed for divorce, three years after revealing they had split from their husband 21:05

     Entertainment:
    Travis Kelce won't dish the meals he and girlfriend Taylor Swift like to cook together 20:35

     Entertainment:
    G-Flip and Chrishell Stause are "working through" the "challenges" of starting a family as a queer couple 20:05

     Entertainment:
    Celine Dion took a near-fatal dose of Valium as she struggled to control the symptoms of stiff-person syndrome 19:35

     Entertainment:
    Rory McIlroy has called off his divorce 19:05

     Business:
    The decline in gas supply has led to production cuts and a 99-percent increase in coal-generated electricity - according to MBIE 18:57

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