are Mortgage Brokers are an endangered species? He pointed out that If you listen to Mortgage (broker) Industry insiders you will hear whispers that the ‘all-powerful’ “banking lobby will finally get the Government to legislate mortgage brokers out of existence.mortgage brokers becoming endangered species” In his very well written article, he outlines the history of the banking industry’s “pursuit of the killing off their competition, many believe the banks decided upon a “scorched earth” plan to rid themselves of retail mortgage competition once and for all. The Plan was one they pulled from the S&L (0 comments)