Brokers back up rhetoric with business
New market share numbers suggest brokers are backing up their rhetoric about preferring to use monolines over the big banks as never before.
Brokers accept olive branch from First National
If you offer it, they will come. Eventually.
First Nat. returns to 80 bps finder’s fee
First National’s 2013 compensation program finally spells out its decision to permanently reverse that 5-basis-point chop to finder’s fees introduced last year and alienating some brokers.
Street sweetens the compensation pot
Street Capital is among those offering brokers an additional 10 basis points on some fixed mortgages, the move helping build an increasingly competitive and lucrative market.
Street simplifies Loyalty program
Vancouver, B.C. - Mortgage Forum. Street Capital revealed more details about changes to its Loyalty program announced last week, specifically removing any mortgage restrictions tied to trailer fee commissions.
Lenders divvy up FirstLine’s spoils, suggest report
The results are in, and as expected, big lenders, with the conspicuous exception of TD, have successfully divvied up FirstLine’s spoils
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.
Street Capital takes bank charter route
Mortgage brokers can still count on the Street Capital products that they have been using for years even if the the mono-line`s application for a Schedule 1 bank gets approved, according to the lender.
RBC gives brokers a two-week lead
Brokers won't have more than two week to take advantage of RBC’s move to bump up its discounted five-year-fixed by 20 bps, caution some industry players.
Reaching new heights
It’s a message that reverberated from one end of The Mortgage Summit to the other, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?