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Home » Borrowers Look First to Lender or Broker
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Borrowers Look First to Lender or Broker

January 16, 2015
Home purchase borrowers, including first-time homebuyers, rely more on their lender or mortgage broker than anyone else as a source of information about mortgages, according to a new government survey on consumers’ mortgage shopping experience. Conducted by the Consumer Financial Protection Bureau, the survey found that an estimated 70 percent of home-purchase borrowers chose their lender or broker before deciding on the type of loan ...
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