Mortgage broking and the role of a morgage broker


A mortgage broker is an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally banks and financial institutions sold their own products but as the markets for mortgages became competitive.

The role of the mortgage broker has become more popular especially in countries such as the united States where there are very many mortgage broking firms. Mortgage brokers are the largest sellers of mortgage products for lenders.

The brokers exist to find a bank or a direct lender that an individual seeks with a specific loan the individual is seeking. The majority of brokers are regulated to ensure compliance with banking or finance laws in the jurisdiction of the consumer; however, the extent of the regulation depends on the jurisdiction.

Mortgage brokerage can be divided into various sectors:-

Retail Banking – that deals directly with individuals and small businesses.

Business Banking – that provides services to mid-market business.

Corporate Banking – which is directed at large business entities.

Land Mortgage Banking – that specializes in originating and/or serving land mortgage loans.

Private Banking – providing wealth management services to high net worth individuals and families.

Investment Banking – relating to activities on the financial markets.

The nature and scope of mortgage brokers’ activities varies with jurisdiction. Therefore the work undertaken by the broker will depend on the depth of their service and liabilities.

Writing an accounting business letter

Writing an accounting business letter to client

A brief and well-written accounting business letter will gather positive notice from a corporation, but it’s imperative to go an extra mile than surface-deep. Performing some research on the corporation to get a sense for their business vibe and trying to match it in the accounting business letter is very crucial.

Perhaps the study will lead you to find out that the corporation new store or the expanded office. Thinking about how you could help the corporation grow with your talents in accounting should be the first priority. Then, give specific examples of how you can be useful to your new corporation. Below are some tips to follow;

Professional tone

Your printed accounting business letter should be affable but more expert. As a writer, you should attempt for a general tone that is courteous, confident and honest.

Write clearly.

Affirm your point clearly in the letter. To shun any miscommunications, use simple, brief language. Skip the industry lingo and as an alternative choose lively, dynamic words to hold your reader’s interest.

Be persuasive.

Ascertain a constructive relationship with your reader immediately. Whether you believe your reader will concur with the tip of your letter or not, it is vital to find general ground and make your case from there.

Proofread your letter

Ensure you have collected any typos before submitting your letter.

Postmodernism and Modernism

Postmodernism and Modernism in the 19th century

Modernism started at the ending of the 19th Century and was brought by the latest ideologies and technologies that saturated the era (auto, aircraft, phone booth, data lines, telegraph, theory of relativity, and theory of evolution).

The consequence of these sways was that performers felt they no longer had to hold to harsh rules of what required going into designing a sculpture, painting, architecture, music, and so forth.  In other words, “convention” was no longer a consecrated cow.

Modernism proposed art must be analytical, related to the way latest technologies and thoughts were surveying, in order that the arts could now be expanded

Postmodernism was a comeback to years of modernist painting. What postmodernism stated-in the second half of the 20th Century was that there were no fresh thoughts or outlines to be established in art, as hundred years of testing were sufficient to discover new structures, with the intention of creating something modern.

Consequently, postmodernist reviewers argued freshness was exhausted.  They did argue, though, that the then reasonable development in the arts and for the action of artists was to use, merge, refer to, mimic, remark etc., earlier works of art.

Therefore, postmodern performers should no longer look for completely new means of making art; rather artwork would currently become an investigation of what already existed.