brokers are there for the banks to do the dirty work. when a borrower cant get a loan direct from.the banks then.brokers tend to step in and fudge the applications. its easy for a broker to bankrupt themselves where a bank cannot. imagine how many loans out there with false applications done by the brokers. brokers will now have to work at the bank as mobile lenders and not brokers as they will have no job in the future due to royal com. cut out the middle man back to old school banking.
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