Broker calls for unity among brokerages
The hot debate continues after one industry player used MortgageBrokerNews.ca to propose a broker-run organization modelled after the Canadian Chamber of Commerce; and despite the many naysayers, one broker thinks he’s now come up with a workable implementation strategy.
BC market surges back; good news for brokers
In a report issued by the Bank of Montreal on Wednesday, the bank assured industry professionals the housing market in British Columbia has achieved a soft landing following a concerning sales drop early in the year.
Broker honoured by Toronto Police for heroics
One quick-thinking broker helped save a man’s life last year and, on Sunday, was rewarded for his efforts by the Toronto Police Department in a formal ceremony.
Canadian First completes MonCana deal
Canadian First Financial announced that the acquisition of MonCana Capital Corporation was completed on Friday; a deal the company feels will provide a solid lending option for brokers.
Ex-banker tells all
An ex-banker turned fee-only financial advisor dishes on what it was like to hock mortgages to clients and the pressures to cross-sell.
Player proposes broker-run organization
One leading player is not satisfied with existing mortgage professional associations and proposes one run by brokers for brokers.
Millenials driving condo market in GTA
Despite fears that the condo market is oversaturated and prices are bound to fizzle, homebuyers flocked the market in droves, pushing the number of sales in the GTA to eclipse the prior year’s.
REMIC asks brokers to sign MBLAA petition
An industry player has presented a list of recommendations for the MBLAA review – one of them concerning regulation of bank reps – and he is asking brokers to sign a petition to be presented at the next MBLAA meeting.
Broker gets last laugh on REDX
One broker’s victory over REDX marks an end to the kind of long battle too many industry professionals say they’re fighting because of AMP memberships.
Brokers may want to hop on the fastest-growing social media platform
Just when you have Twitter, LinkedIn and Facebook finally figured out, recent data may convince you to add another social media platform to your marketing repertoire: Pinterest.