Brokers frustrated by commitment letter delays
Lenders are backlogged, creating a delay in offering commitment letters and brokers are frustrated as a result.
Broker calls for grow-op reform
The government must clear up confusion about what is and isn’t a “grow-op,” warns a broker concerned healthy properties are getting pulled up with the weeds.
Homeowners choosing mortgage over retirement: survey
More homeowners may be proactive in reducing their mortgage debt, but it appears they are doing so at the expense of saving for retirement.
Bankers beating brokers at their own game?
Brokers credit their expertise and value add for helping them win back market share, but one lender is warning that the big banks are now utilizing similar tactics.
Lighter side: Where could an actual Jurassic Park be built?
Not every city has the infrastructure to handle behemoth prehistoric beings, and one rises above the rest as the most likely to handle the task.
Fund manager sees brokers as crucial to taking next step
A dedication to make out-of-the-box mortgages work, one private lender is extending its hand to brokers to take its business to the next level.
Fee models and broker responsibility
Brokers who want a more lucrative fee model may have to fight for it, suggests one industry veteran.
Lender expansion signals sea-change for industry
Are broker channel lenders ready to fight the big banks on the prime side?
How to change your client’s mind on reverse mortgages
For clients looking to tap into their home equity, the only thing holding them back on reverse mortgages is a lack of information, and the fear that generates.
Improve your process and find new opportunities
There are numerous lessons that brokers can learn from a surprising source, says Steve Bryant, who explains how the manufacturing industry can influence the way you expand your business.