Meridian benefits in surprising way from promotion
Meridian Credit Union’s record-low mortgage promotion drew a lot of interest from potential clients, according to the company’s president, and not just for that specific product.
Appraisal management company under fire once again
Brokers frustrated by appraisal management companies may have to look to lenders to bring about change.
Much-maligned appraisal management company fires back at naysayers
Brokers and appraisers have both expressed frustration about appraisal management companies, and now the country’s largest provider is responding to broker feedback.
DLC economist releases employment report
Brokers in hard-hit Alberta may want to be cautiously optimistic about the country’s latest employment figures, as jobs are up in oil country.
CMHC shrinking; profits growing
Brokers may have a tougher time getting clients qualified for CMHC insurance, but that isn’t affecting the Crown Corporation’s bottom line.
Verico and DLC brokers merge
From rivals to partners, two competing brokerages merge under the Dominion banner.
A fix for slow underwriting times
One broker, frustrated by slow underwriting turnarounds, is pleading with lenders to fix the inefficiencies.
Brokers to struggle with high ratio deals in one market
Brokers can expect to encounter tighter underwriting for mortgage default insurance in this one province.
Are lenders’ promotional rates eating into broker bottom lines?
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.
Broker dishes advice for shoppers
One broker offered his advice for dealing with clients told by the banks to shop for rate, and the approach is nothing but classy.