A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products.
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Many people "already are taking the refinancing leap," Reuters says. For instance, at Nations Lending Corp., an independent mortgage broker based in Independence, "refinancings started to spike in.
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The National Association of Mortgage Brokers (NAMB) offers its support for H.R. 5, the Equality Act introduced by Representatives David Cicilline and Brian Fitzpatrick and its companion bill, S. 788, the Equality Act introduced in the Senate by Senators Jeff Merkley and Susan Collins.
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