With the ouster of Martin Reid as the channel lender’s president and CEO, shareholder Bonita Then takes his spot. These are five facts brokers need to know
Client education is back in the spotlight as banks continue to tighten the purse strings when it comes to lending to self-employed clients.
In such a competitive mortgage broker market, how can you differentiate and stand out in the crowd? By becoming distinct or specialized.
It's crucial to educate your clients come mortgage renewal time, especially when there are cash and credit issues. Now brokers have one more resource to help those who are struggling.
Home sales were up in May, according to the latest stats from CREA, which point to significant increases in transactions and prices across the board as consumers looked to evade mortgage premiums.
Some mortgage specialists appear to be misleading clients concerned about their credit score in an attempt to erode a key value proposition for brokers.
The loss of another trailer program is proof-positive that brokers remain locked in the destructive eat-what-you-hunt mentality, say industry vets.
As a broker, you live and die on the deals that you can strike with a lender – but what if you turned that dynamic around, and took on the role of the lender?
Any further mortgage rule tightening could have a drastically negative impact on the overall economy, according to one leading organization.
Many brokers have experienced a slowdown in Alberta – and while others have braced for a downturn that never materialized, players may not yet be in the clear despite recent Bank of Canada optimism.
Pillar Financial Services recently surveyed more than 100 mortgage brokers about their clients’ experiences when seeking a mortgage – and every single one had something in common.