The Big Story: Who owns the 'Broker' name?
Misappropriation of 'broker' by road reps is raising industry ire and concerns that mortgage specialists are capitalizing on broker reputations.
Don Cherry renews contract with team DLC
The hockey season may still be up in the air, but the sport’s real star, Don Cherry, has re-signed with team Dominion Lending Centres.
Audio file: Gary Mauris on associations
Audio file: Brokers continue to debate the role of industry associations, but Gary Mauris at Dominion Lending Centres is now weighing in for a feature in the September issue of CMP.
Brokers laud Street Capital’s charter quest
It may be still two years away, but some brokers believe Street Capital’s chartered bank status ambitions are a step in the right direction.
DLC launches white label product line in Quebec
Upfront payment and trailer fees are some of the benefits provided by DLC’s Dominion Mortgage white-label product which the broker network recently launched in Quebec.
DLC not worried by PQ victory
Who’s afraid of the Parti Quebecois? Certainly not Dominion Lending Centres. In fact, while speculation abounds that the PQ triumph could be bad for business, the broker network is projecting growth for its relatively new operation in the province.
Broker clarifies Toronto Star comment
A mortgage professional advising homebuyers to choose brokers doing 100 or more deals a year is now clarifying that comment published in the country`s largest newspaper.
The Big Story: Protecting clients from themselves
The new mortgage rules have clients juggling their monthly debt payments to qualify, but there's real danger in getting too creative, say brokers.
Market points to slowing preapproval conversions
Despite a cooling real estate market, the average home price in Canada reached a record high in July -- not exactly good news for brokers itching to convert preapprovals.
Turnaround times worry brokers
CMP’s upcoming Brokers on Lenders survey should highlight the growing concern brokers have about turnaround times, as they fight to retain a dwindling number of deals.