Investment clients remain strong for brokers
Some brokers are finding investor clients a safe harbour in the stormy sea of predictions for the housing market.
Mortgages before March break
Sorry, kids. Brokers are gladly forsaking March Break vacation to capitalize on the return of first-time buyers to a flagging housing market.
Brokers channel pumps $1.2 million into charity
Growing originations wasn't the only focus of brokers this year, with their collective efforts for charity surpassing last year's grit, determination and, indeed, generosity.
Friends in American high places
It’s always nice to have friends in high place, but as Mark David finds out, it’s even nicer to have American lenders willing to fund Canadian commercial deals
Brokers to double down on databases, refis, social net for 2013
Brokers are looking to double their efforts in mining client databases, experimenting with social media and chasing refi business to ring in more revenues in 2013 even as the housing market continues to cool down.
MortgageBOSS beefs up with three upgrades
Integration with CMHC’s Emili, automated communications and enhanced transaction analysis capabilities are three new upgrades to Mortgage Alliance’s origination software, MortgageBOSS.
Brokers turn to buydowns in slow market
One broker is getting candid about rate buy downs, offering 2.89 per cent on five-year fixed to any client who qualifies and arguing a slowing market has mandated the move.
Home ownership more affordable but channel sees little action
Despite improving home ownership affordability nationwide, the new lending realities have put less Canadians families under a new roof, according to brokers.
Signing service cuts turnaround times by half
Mortgage Alliance and law firm Anderson Sinclair recently rolled out a real estate closing package which they hope will cut by nearly 50 per cent the amount of time it takes to transact a mortgage application.
Brokers give banks more bang for their buck
Two brokers are articulating a very dollars-and-cents argument for why mortgage professionals continue to represent real cost savings for big banks – that despite Scotia’s take-it-leave-it approach to commission cuts.