Sunday, Dec 10, 2006

New online broker wants to take out the intermediary

Sunday Herald: Top accountant is counting on web mortgages to make his fortune

If you can be bothered to decipher this article, you will find out about an accountant who thinks he can corner 1% of the mortgage market next year.

Posted by jellycaster @ 05:05 PM (503 views)
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2 Comments

1. Nasha said...

"New online broker wants to take out the intermediary"

And replace it with his own, where he takes a cut for nothing other than presenting a "Facade" to mortgage lenders data. Actually I think he's on to a winner, good luck I'm sure he'll be uber rich soon.

Sunday, December 10, 2006 06:02PM Report Comment
 

2. paul said...

"Rice insists that mform has the upper hand,partlybecauseheclaimshis venturedoesmoretodemystifythe process of choosing a mortgage. He also insists it will do more to benefit consumers because it permits them to bypass intermediaries - such as independentfinancialadvisers and brokers - by linking them direct to their lenders of choice."

If that looks difficult to read for you as well, it's because forsomereasonthesundayheraldlikestojoinupwords.

No idea why.

Sunday, December 10, 2006 11:06PM Report Comment
 

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