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From rivals to partners, two competing brokerages merge under the Dominion banner.
One broker, frustrated by slow underwriting turnarounds, is pleading with lenders to fix the inefficiencies.
Brokers can expect to encounter tighter underwriting for mortgage default insurance in this one province.
After a big bank gets into the short-term promotional mortgage game, one broker is claiming players will have to eat commissions to stay competitive.
One broker offered his advice for dealing with clients told by the banks to shop for rate, and the approach is nothing but classy.
Are we finally seeing the soft landing many have predicted for this one hot market?
One broker was surprised when a potential client admitted that a bank suggested he shop around for a better rate … and that the bank would beat it.
Cautiously optimistic may be the best way to describe broker sentiment concerning the industry’s newest association.
If the Bank of Canada wants to encourage economic recovery, it will leave rates alone, says one industry executive.
One former banker – and current broker – believes recent changes at RBC will sway more clients to choose brokers over the banks.