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Topic & Comments
Exclusively 'A brokers' no more by Vernon Clement Jones | 2011-11-18 5:06:58 AM

If you're an "A broker" starting to submit B deals, you're not alone: Private lenders are now seeing a significant uptick in the number of neophyte brokers presenting B deals – another indication of the ferocity of this year’s rate wars and the need to make up for a dwindling number of A deals. read more

Is the four-year fixed the new five-year fixed? by Vernon Clement Jones | 2011-11-18 4:53:59 AM

Brokers now seeing an overwhelming preference for those shorter terms aren’t prepared to go quite that far. But they are calling it an unprecedented blip in the well-established buying habits of clients, who are now willing to sacrifice an extra year’s security in order to access significantly better more

Brokers bask in Globe & Mail limelight by Vernon Clement Jones | 2011-11-17 11:24:09 AM

It’s the kind of advertising mortgage professionals just can’t buy -- and wouldn’t agree on who should pay for it, if they could. But a Globe and Mail article focused on giving consumers the rundown on mortgage brokers has the industry buzzing on Twitter, Facebook and every social media platform in more

Broker: Stricter credit score guidelines stranding clients by Vernon Clement Jones | 2011-11-17 6:43:13 AM

Brokers may have to shift Realtor referrals to the point of sale, instead of the point of purchase, said an industry veteran, identifying a spike in home sellers blocked from buying new homes because of a rigid adherence to credit score more

Street Capital bolsters book by a billion by Vernon Clement Jones | 2011-11-16 1:40:07 AM

The purchase of Street Capital by TSX-listed Counsel Corp is affording brokers a better glimpse of the lender’s book, which grew by more than $1 billion in the third quarter, according to financials released more