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Mortgage Brokers Services merges with Elliott Bay Mortgage – according to the recently released Mortgage Bankers Association’s "Sub-Prime Mortgage Originations Survey." The percentage of sub-prime loans used for repeat and first-time home purchases increased.

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Garg: Better’s mission is to empower the homebuyer. Incentive-based compensation programs in the mortgage space have been under scrutiny since the financial crisis – but they still exist today. In.

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For years, banks have benefited from doing business with brokers. But now that is all over and big banks have mortgage brokers in their sights as they try to protect the profitability of home loan.

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