Distinguish between the operations of a mortgage banker and a mortgage broker. What are the five major
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Distinguish between the operations of a mortgage banker and a mortgage broker. What are the five major minimum standards that an independent mortgage broker or loan office must pass to be licensed with the NMLS?
BrokerA broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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A mortgage broker specializes in serving as an intermediary between the customer...View the full answer
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