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What we can learn from the crash
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Monday, 8 March 2010
Hindsight is 50/50, so what better time than the present to look back at what went wrong over the last two years in the mortgage industry? A group of industry experts recently gathered at the Mortgage Finance Summit to do just that, hoping that history doesn't repeat itself
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View from the U.S.: CMP's dispatch from the NAMB conference in Las Vegas
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Tuesday, 16 February 2010
Simon Parker attended the National Association of Mortgage Brokers (NAMB) annual conference and expo in Las Vegas and took the opportunity to speak with the organization's leaders about the mortgage broker situation in the U.S.
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Bubble. What Bubble?
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Monday, 1 February 2010
An industry report questioned whether or not Canada was in the midst of a real estate bubble. Melissa Kim asked some of last year's CMP Top 50 brokers to weigh in on the possibility.
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Starting your own website
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Sunday, 10 January 2010
Today, not having a website would be the equivalent to not having your number in the phone book 10 years ago. If you don't have a site already, Jessi Johnson, a Vancouver-based, web-savvy broker, explains the easiest way to start and maintain one
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FYI: Mortgage acronyms from the U.S.
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Wednesday, 16 December 2009
Following Simon Parker's visit to the Mortgage Bankers Association (MBA) conference in San Diego, we thought it timely to update Canadian mortgage professionals on some of the key acronyms in vogue south of the border
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Wanted: green mortgages
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Tuesday, 1 December 2009
Concern for the environment has led to an increasing number of environmentally friendly product choices, including homes. But green mortgage options remain scarce and the ones that are in place go unnoticed by most consumers. CMP explores why
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Flaherty extends $125-billion program: A broker and a lender weigh in
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Wednesday, 18 November 2009
At the end of September, the government announced it would extend its $125-billion mortgage fund program to buy mortgages from lenders. Melissa Kim finds out what this means for the industry
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Privacy matters
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Thursday, 5 November 2009
A report of privacy breaches at GTA mortgage brokerages - and an ongoing audit by the federal privacy commissioner - is a reminder that efforts to protect client information should not slip through the cracks
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Social media entourage
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Thursday, 22 October 2009
To some, the whole concept of social media is just another fad they can't wait to pass, whereas others harness this opportunity and turn it into business. Here, Jessi Johnson shows you how to effectively use it for the latter
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Where have all the B lenders gone?
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Friday, 9 October 2009
With Wells Fargo the latest non-prime lender to fall off the mortgage map, Erin Letson talks to remaining alternative lenders to see what they're offering the alt-A set of clients and how they're mitigating risk
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How to avoid 'zapping' your time
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Wednesday, 23 September 2009
Have you thought about how much time you spend in a single day sporadically checking and responding to e-mail and voicemail messages? Imagine how this time could have been better spent over the course of a year. Gary Mauris shows you how to avoid some common time zappers
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Rule makers
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Tuesday, 8 September 2009
With Finance Minister Jim Flaherty's plan for a national securities regulator now in motion, CMP looks at how the mortgage industry could be affected - and what other areas of finance might be federally regulated next
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Eye on the prize
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Tuesday, 25 August 2009
While they may seem gimmicky, contests and giveaways, no matter how big or how small, can be an effective marketing tool to target new and existing clients. CMP looks at how to get the ball rolling
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Embracing the online world: Setting up your website
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Wednesday, 12 August 2009
You've registered your website, arranged for hosting and set up e-mail accounts, but you still don't have an actual page to look at. Kelvin Managaroo explains how to create a user-friendly website
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The hidden cost of great rates: explaining the IRD
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Wednesday, 29 July 2009
Rates have historically never been better, so the temptation to get out of an existing mortgage and into a new one is high. But as CMP finds out, what some brokers don't know is that it could cost their clients more in the end
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