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Mortgage brokers generally provide their services free of charge to interested borrowers, and are instead compensated by lenders. a) How might this arrangement lead to
Mortgage brokers generally provide their services free of charge to interested borrowers, and are instead compensated by lenders. a) How might this arrangement lead to a conflict of interest? b) What legal rights does a client of a mortgage broker have? (Outline the key requirements of relevant legislation, regulation and industry/professional codes of practice that apply to relationship management).
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