Bank products superior to monolines'
Brokers often prefer sending business to their monoline partners rather than to one of the big banks and CMP’s forthcoming Brokers on Lenders survey will provide those partners with details on how to better compete.
Brokers discuss incorporating
A guest column by one of the industry’s most respected players stoked the fires of discussion Thursday, encouraging brokers to discuss the ins and outs of incorporating a brokerage.
Have your say: Do you do commercial business?
In an increasingly competitive segment we want to know what percentage of our readers currently fund commercial deals.
Economist inching closer to bearishness?
One major economist has begun sympathizing with Canadian housing pessimists, though he isn’t ready to join their ranks just yet. Will brokers agree with his reasoning?
Lender announces commitment to alternative space
One trust company is reaffirming its dedication to supporting mortgage brokers with two executive appointments, among them a leading player from another lender.
Rate site sees increased support
One leading rate site has seen an influx in business since RateHub’s announcement that it will start its own mortgage brokerage.
Brokers agree on payment plan
Strangley enough, brokers are echoing the sentiments of a big bank and warning clients not to follow a recent trend.
Poll results: Majority of brokers will avoid RateHub
Mortgage brokers across Canada have spoken and the results are in: The vast majority of industry professionals say they will avoid using RateHub.ca’s online services after finding out about the company’s plans to establish a brokerage that will directly compete for leads.
Major RateHub customer might pull support
One of RateHub’s largest clients is set to decide today whether it will continue to do business with the popular rate site following the announcement that it is establishing a competing mortgage brokerage.
Big bank turns to lender for underwriting support
First National announced Wednesday it has struck a deal with Toronto Dominion (TD) Bank to provide underwriting and fulfillment processing for mortgages originated by the big bank through the mortgage broker channel.