Industry fraud allegations underlines need for accurate documentation
Recent fraud concerns have highlighted the industry’s growing emphasis on accurate and up-to-date client documentation, especially for self-employed clients, say broker channel veterans
Broker proposes unique penalty for fraudsters
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?
An election promise to benefit brokers?
Brokers can expect a boon to refinances if this one proposed tax credit is put in place
Industry players take a hard stance against peers
Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start
Brokers call for standardized penalties
Renewed frustration around lender penalties have forced one broker to make a FSCO complaint, but is it really time for Canada-wide regulation?
Brokers get into the swing of things to fight cancer
One brokerage and its lending partners went nationwide in the fight against cancer, raising $30,000 for the Canadian Cancer Society.
Broker compensation stuck in the dark ages?
The loss of another trailer program is proof-positive that brokers remain locked in the destructive eat-what-you-hunt mentality, say industry vets.
Mortgage brokers honoured on the red carpet
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.
Household debt worries exaggerated?
It’s an opinion brokers may not necessarily agree with, but one influential public policy think-tank believes concerns about household debt are overblown.
Realtor referrals challenge consumer protection
When it comes to one bank’s Realtor referral program, brokers are focusing on the wrong issue, according to one broker.