Latest news

  • Brokers on lenders teaser: turnaround times

    Anecdotal feedback may hint at growing dissatisfaction with lender turnaround times, but preliminary results for CMP’s Brokers on Lenders survey paint a different picture -- especially in light of an identical poll of Australian brokers.

  • Broker boom still in the offing

    He told you so. Nova Scotia’s real estate market was abuzz with speculation after news of a $25 billion shipbuilding contract was announced in late 2011. Brad Compton of Invis, however, warned that brokers and property sellers alike shouldn’t count their real estate boom before it hatches – something echoed in data now pointing to a 9 per cent drop.

  • Closing time: Moving the storefront online

    The storefront is dying as more and more brokers are ditching them in favour of catching eyes online and not on the street.

  • Using Twitter to bolster your community... and client base

    It may be impossible to quantify exactly how much business Twitter drives to a company, but one leading broker – who has organized successful community events through Twitter to bolster his hometown’s economy – believes the social media platform is invaluable for building connections.

  • To tweet or not to tweet; for brokers, that is the question

    He may have over 14,000 Twitter followers, but Jessi Johnson of Verico mortgagebrokerteam.ca has scaled back on his Twitter activity – now convinced it's a lackluster business development tool.

  • Brokers buoy B lender

    Equity Financial Trust’s decision to focus on mortgages has been a good move, with the release of its second quarter numbers hinting at the growing popularity of B business in the wake of ever-tightening lending rules.

  • Underwriter's background paves the way?

    Do you know where your dedicated underwriter comes from? It could in fact make a difference, argues one broker pointing to the benefits of dealing with former employee of a mortgage insurer.

  • Monolines best banks once again, say brokers

    While banks increasingly position themselves as the only real solution for new immigrants seeking mortgages, brokers still believe monolines offer the most competitive options for new Canadians.

  • Which broker has the most Klout

    Klout claims to be the standard of measuring a person’s influence in the social media realm and one mortgage broker has used it to create a Top 45 list of broker players leading the pack.

  • Brokers to Jim Flaherty: Don't get any ideas...

    Brokers warn the federal government not to read too much into the July spike in home sales, specifically the 9.4 per cent rise highlighted in the latest Canadian Real Estate Associate (CREA) report.