[merrylander]

Our mortgage system was/is a moral hazard waiting to happen. The broker finds you a bank and takes 1% off the top, never to be seen again. Depending on your credit score the bank takes 1, 2, or even 3% off the top , bundles your mortgage with others and sells the bundle, also never to be seen again. Then there is the title company to deal with and to sell you title insurance at an 80% commission.

If you have been dealing with Bank A for a number of years you should be able to deal directly with them for a mortgage, they should check the title and they should hold the mortgage for its life. Brokers and Title companies are simply middlemen with their hands in other people's pockets.