Flooding closes doors of Calgary lenders
Torrential rain and widespread flooding is wreaking havoc for Calgary lenders like Street Capital.
Broker considers loyalty agreement to stop client hemorrhaging
One broker tired of doing all the work and watching the client jump ship to a big bank matching rate is reigniting the debate on exclusivity agreements.
Big banks increase special discounted rates
Interest rates continue to go up – and this time, it is Scotiabank and RBC following TD Canada Trust by announcing increases to special discounted rates.
Deadline day today for Top 75
What is going on with you brokers? You’ve been telling us that 2012 was supposed to be a dud of a year for doing business.
Grewal: brokering needs more BAs, BComs, BSc's...
The channel needs to actively reach out to colleges and universities to find better brokers – but also to convince those bright minds of the industry’s career potential – according to the head of one of the biggest monolines.
New twist on rate sites draws broker concern
Brokers are already fearing the loss of “client ownership” with the launch of a new website by the people behind RateHub.ca – specifically a web portal helping calculate and arrange the closing services of lawyers and appraisers.
Last year’s top broker steps aside, wants someone else to win
This may be good news for some of you, but one of the more controversial and successful brokers in the channel has decided that he won’t put his name forward for CMP magazine’s Top 75 broker list this year – not because he doesn’t have the numbers, but because it would be like comparing apples to oranges.
Don't let lower volumes deter you from Top 75, says broker
Lower funded volumes shouldn’t deter brokers from submitting for the CMP’s Top 75 list, says one broker, as it may indeed be a sign that they are actually strengthened their business model not weakened it.
What’s the odds on ‘MCC’ by 2014?
Amid congratulations for Dominion Lending Centres and president Gary Mauris comes speculation on just how long The Mortgage Centre will remain a distinctly separate entity.
Time to fight back on penalties, says broker
One broker has decided that enough is enough, and that it is time for brokers to fight back.