Mortgage specialists push into broker channel
The push to "unionize" mortgage specialists in one of the country’s largest markets is fueling a migration to brokering, according to one industry vet, identifying commission cuts as the driving force behind the defections.
New lender launches this month
When CMLS launches its single-family residential lending division at the end of the month, it will have what CEO Chris Brossard calls “a national reach from a regional perspective.”
Job losses threaten spring market
The nearly 22,000 jobs Canada lost in January have resurrected fears of an economic slowdown large enough to scuttle the all-important spring market.
Network uses Home Show to build brand, broker awareness
Gary Mauris is billing Dominion Lending Centres’s sponsorship of three of the largest home shows in Canada as a profile boost for all brokers, and not just his members.
Genworth 'bulks up' in Q4
Fourth quarter earnings show Genworth is bullish on bulk insurance – and that’s great news for brokers trying to satisfy self-employed clients.
Time for broker education on non-refi options
Bankruptcy has become an all-too-easy for those unable to refinance, said one mortgage professional, calling on associations to offer a broker course in how to direct clients to other alternatives.
Broker: Realtors rejecting bank-referral offers
Here’s good news from a market considered the birthplace of bank-paid referrals for Realtors: Those real estate professionals are starting to turn them down.
Courts, industry taking a hard line on mortgage fraud
An Alberta man on parole for mortgage fraud is going back to prison – proof of the court’s toughening stance on that kind of crime.
Google goes to the Mortgage Summit
A marketing exec from the king of search engines – Google – will deliver the keynote for the upcoming Mortgage Summit, guiding brokers on how to use SEO to tap into a king’s ransom of online borrowers.
DLC broker to other networks : Advertise!
One DLC broker feels everyone in the channel won with those Super Bowl ads and is asking other broker networks to step up with their own consumer-focused advertising meant to lift the profile of mortgage professionals.