The return of a purchase-lending market might not significantly increase brokers' share of mortgage originations, even though they have historically had the best ties to real estate agents and other referral partners.

That's because the biggest drawback of their business model — brokers' inability to close in their own names — is most pronounced in a purchase transaction, says industry consultant Rick Roque. That lack of control means the switch to a purchase market actually works against brokers, not for them.

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