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12 Jun 2024 17:18
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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
     12 Jun: Almost 230-thousand migrants have arrived on Kiwi shores
     12 Jun: Net migration remains high - despite a record number of Kiwis leaving the country
     12 Jun: A Kiwifruit company's no longer being charged over a worker losing their lower leg in a Te Puke warehouse
     12 Jun: Organisers are excited as the first day of the 56th annual Fieldays begins
     12 Jun: Hopes farmers are more valued following the Government's changes to the Emissions Trading Scheme
     11 Jun: Commerce Commission analysis found fuel companies are costing motorists 15 million dollars a year by delaying drops in petrol prices
     11 Jun: Fuel competition isn't working as well as it could
     Top Stories

    RUGBY RUGBY
    The Hurricanes have lost impressive front-rower Xavier Numia, but gained All Blacks tighthead prop Tyrel Lomax for their Super Rugby semi-final against an unchanged Chiefs side in the capital More...

    BUSINESS BUSINESS
    Almost 230-thousand migrants have arrived on Kiwi shores More...


     Today's News

    		 Education:
    Parent outraged over 'incredibly graphic' fake images of Bacchus Marsh Grammar students 17:17

     Entertainment:
    Michael Strahan's daughter Isabella is celebrating finishing her final round of chemotherapy 17:05

     Law and Order:
    A warning to drivers to make sure windscreens are fully defrosted before getting on the roads 16:57

     Entertainment:
    Steven Van Zandt's life was "saved" by a publisher after he spent seven years in the "wilderness" of showbusiness 16:35

     Environment:
    The Hurricanes have lost impressive front-rower Xavier Numia, but gained All Blacks tighthead prop Tyrel Lomax for their Super Rugby semi-final against an unchanged Chiefs side in the capital 16:17

     International:
    Celine Dion says she couldn't lie to her fans anymore, opens up about stiff person syndrome 16:07

     Entertainment:
    Kylie Minogue battles to maintain her energy 16:05

     Entertainment:
    Kylie Minogue says she and Madonna have "both survived the ups and downs of being a woman" in showbusiness 15:35

     Business:
    Almost 230-thousand migrants have arrived on Kiwi shores 15:27

     Entertainment:
    Mamie Laverock's family have shared the first photo of the 'When Calls the Heart' actress since she was almost killed in a hospital balcony fall 15:05

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