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Mortgage brokers, trust lending cuts and crackdown roil markets on December 31
Mortgage brokers experienced market stress on December 31 as trust lending cuts and regulatory crackdowns influenced credit sentiment and financial stocks.
Mortgage brokers and financial intermediaries faced heightened volatility on December 31 as trust lending cuts and regulatory crackdowns unsettled credit markets. The tightening of lending standards by major institutions and increased scrutiny from regulators prompted caution among brokers, dampening risk appetite and affecting mortgage demand.