The scam was eventually discovered by the victim – the broker’s mother. And it was all to impress a girl.
The ongoing lender rate war was among other key industry stories. Yorkshire Building Society grabbed headlines by releasing the lowest ever mortgage rate, while one of the big five also made cuts. But brokers remain unconvinced that this can last for too long.
Lender technology appears to be a regular frustration for many brokers. And while it may not be spoken out loud, how to eventually exit the industry is also a key concern.
Ex-broker forges mum’s signature on mortgage to impress girlfriend
Santander cuts rates and refreshes buy-to-let and resi ranges
Yorkshire Building Society launches lowest ever mortgage deal at 0.89%
Rate war signals competition but can only go so far, brokers warn
Lender technology: ‘These are problems that should’ve been resolved years ago’ – Marketwatch
Is credit card debt a bomb waiting to explode? – Benson Hersch
FPC affordability test risks ‘adverse effect’ on housing market, says CML president