Top Broker submissions set new record
With a Monday deadline looming, the number of submissions for the CMP Top brokers list has more than doubled last year's, suggesting mortgage professionals are increasingly willing to disclose funded volumes in exchange for a marketing boost.
Application deluge? Try application dud
Many mortgage brokers anticipating a deluge of clients eager to beat the mortgage rule changes were disappointed by the actual number of customers who came knocking at their doors last month.
Small market brokers climb top ranking
Mortgage professionals in smaller markets are increasingly stepping up to be counted in the CMP Top Brokers list. Their funded volumes are challenging mortgage professionals in much larger markets.
The Big Story: Attracting new agents
Brokers have been hiring new agents from time immemorial, but new pressures around commission splits and training are adding to the challenge. At the CMP Mortgage Summit, The Big Story spoke to industry veterans Gord Dahlen, of Dominion Lending Centres, and Ron De Silva, from RMAI Financial Group for their take on the issue.
Brokers anticipate Flaherty’s next move
What will the government’s next move be if the new mortgage rules don’t result in a market slowdown? Brokers are taking some well-educated guesses.
Brokers turn top ranking into marketing muscle
Brokers, among them a leading player on B.C.`s Lower Mainland, have used their "third party" rankings to grow client confidence.
Rule changes spur brokers & clients into action
Whether they like the rule changes or not, brokers are facing what may be the busiest two weeks of the entire rest of the year, especially those dealing with first-time buyers in danger of being shut out of pricey markets
New lender woos 625 brokers
An upstart channel lender has now attracted hundreds of brokers and nearly $200 million in mortgages – that with little more than eight months on the clock and without resorting to bargain-basement pricing.
Attracting new brokers is what will strengthen the industry going forward. CMP spoke to the six finalists for the Canadian Mortgage Award for Best Newcomer to get a sense of what motivates them and why they enjoy being a mortgage broker
The Big Story: At The Mortgage Summit
More than 500 of the industry's best attended the two-day Mortgage Summit in Toronto, which was focused on giving brokers the tools, the insights and the knowledge they need in this dynamic market. That was the collective message of more than 40 speakers on two stages. Find out on today’s The Big Story, on MortgageBrokerNews.ca TV, your home for industry news, opinion and analysis.