Rate Your Realtor flops – how about Rate Your Broker?
CREA membership recently rejected a Rate Your Realtor proposal – a concept that would be unworkable and unfeasible if applied to the broker channel argue some brokers while others are ready to embrace it.
Time to transform Mortgage Brokers Act, say B.C. brokers
While CAAMP is effectively asking the B.C. government to tinker with the province’s Mortgage Brokers Act, some brokers are calling for a complete overhaul, one that clearly places brokers at the reins.
Flaherty pulling wrong lever, says former TD economist
Former TD Chief Economist and Department of Finance analyst is perplexed by Jim Flaherty’s obsession over mortgage rates, and sees a rate of 2.95 as being in step with bond yields.
CAAMP media crusade continues
CAAMP’s CEO Jim Murphy has taken his crusade for regulatory change to the airwaves and television, beating the drum for an easing of restrictions on first-time homebuyers.
Renewals: a battle brokers can’t win?
The battle for renewals is a fight that brokers are gonna lose, says a leading mortgage broker.
Money talks for keeping clients
Marketing a brokerage and maintaining a book is the goal of every broker. Mortgage Alliance does it once a year with an oversized cheque.
Focus on refis, not first-timers
Instead of focusing on first-time buyers, CAAMP should push Ottawa on refinancing restrictions, says one industry vet, reacting to news the association has now tailored its lobby efforts.
Industry vet: Fraudster's sentence hurts brokers
Nova Scotia veteran Richard LeBlanc is upset that a convicted mortgage fraudster has been handed what he terms a slap on the wrist, a lenient sentence that threatens to tar all brokers with the same brush.
Building a better lender
Ask any Roman architect, building a masterpiece takes time, and as Don Horne reports, building a mortgage lender is no different
Trailer fees require accountability
Lenders need to be held accountable for trailer fee commissions, and CAAMP is the body that should do it, says one B.C. broker.