A mortgage broker is an intermediary who sources mortgages on behalf of individuals or business firms. With the deepening of the market for mortgages, both mortgage loans and Mortgage broker , the role of mortgage brokers has become significant. In certain countries with developed mortgage markets, mortgage brokers have emerged as the largest distributors of mortgage related products and services. Some of such developed mortgage markets exist in the US, the UK, Australia, Spain and Canada. In the mortgage markets of these countries and many other similar markets in other countries, Mortgage brokers may be required to perform a variety of functions. Some of these functions include:
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