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Mortgage Broker News | 12 Oct 2016, 08:15 AM Agree 0
In the face of new mortgage rules that have materially impacted the channel, one industry executive is urging brokers to keep calm and carry on
  • Gunther Kaschuba | 12 Oct 2016, 09:15 AM Agree 0
    Thank you Albert for stating publicly what many of us have been thinking privately
  • Barbara Cook | 12 Oct 2016, 09:37 AM Agree 0
    Thank you for your positivity and insights...Leadership at its best!!!!
  • Tomas | 12 Oct 2016, 09:38 AM Agree 0
    Any views on which direction the $140B aggregate CMB and NHA MBS volume goes with these new regs? Up, down, flat?
  • Bill Dietrich | 12 Oct 2016, 10:02 AM Agree 0
    Love this positive attitude Albert. Thank you for sharing your inspiration.

    Whatever it takes!

    B
  • Catherine | 12 Oct 2016, 11:39 AM Agree 0
    Thank you for this Albert. Perspective is important as is our voice to be heard when big decisions, such as this, are being made.
  • David Hetti | 12 Oct 2016, 11:50 AM Agree 0
    You are absolutely right. We have to adopt change. Change is essential to success. These are inspiring words. Thank you for that and best wishes to you.
  • Ad Lakhanpal,Mortgage Broker | 12 Oct 2016, 01:26 PM Agree 0
    Great thoughts!!

    Lets explain this to the entry level buyer that she can not qualify anymore and will have to wait for her income to go up.

    Lets explain this to new condo buyer that he can not close that deal coming up in 3 months anymore.

    Lets tell this to some one who wanted to,but can not buy a condo for his ageing parents so that they can live with dignity.

    Lets tell a home owner that he can not access his equity by refinancing to payout his high interest debts and avoid bankruptcy without selling his house.

    Lets discourage people from investing in rental properties, even though there will be increased demand from people who can not buy. Double whammy!!

    Yes, the industry can and should keep its chin up but what about the consumers? Who is looking after their interest?

    The Government????
  • Hal | 12 Oct 2016, 01:41 PM Agree 0
    Good words Albert!
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