With the news of West Face Capital Inc.'s lawsuit against Home Capital making the rounds, industry professionals don't think the former has much of a case, with one going so far as to call the litigation buyer's remorse
The chief concern for brokers each summer is an increase in approval turnaround times, but many players say this year takes the dubious honour of being one of the worst on record
Brokers may be scoring hit after hit with clients who are already knocking on their door, but the fact remains that for a large segment of the population – mortgage brokers remain virtually invisible
Brokers currently operating Canadian First Financial Centres believe Home Capital’s acquisition of the schedule I bank will help them better compete with the big banks
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?
The concerted action of government and mortgage players is putting a dent in fraud – success that shouldn’t be forgotten in the aftermath of high-profile allegations affecting 45 brokers
It’s a clear choice that all brokers will someday have to make. Have you made yours?
Brokers can expect a boon to refinances if this one proposed tax credit is put in place
As brokers move more into the role of investment advisors and lifestyle coaches, they are finding themselves in the position of sharing more than just rates and product news with clients; they are, in fact, advising them on how to conduct business of a more personal nature
Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start