Some mortgage specialists appear to be misleading clients concerned about their credit score in an attempt to erode a key value proposition for brokers.
Brokers have been frustrated by too much government oversight in certain areas, but when it comes to this one issue, many believe the government should step in.
Broker frustrations about inconsistent payment penalties have sparked a creative solution.
Brokers believe these former mortgage professionals make some of the best underwriters and BDMs.
Brokers in one major market are noticing more conservative lending practices among monoline lenders, forcing players to send more deals to the banks.
Although it wasn’t quite unanimous, brokers have come to a consensus about what move the Bank of Canada will make later today.
It was a bold – and disputed -- claim when he first made it over a month ago, but one former BoC advisor is once again predicting rates will drop to zero.
It’s not just sports milestones measured in three – with one broker clinching the industry’s triple crown at this year’s Canadian Mortgage Awards.
Despite the CMHC’s premium hike on the horizon, one professional doesn’t believe brokers should necessarily advise clients to get ahead of it.
Believe it or not, lenders are working overtime to outdo each other with increases to broker compensation in a market so often compared to Canada’s.