MCAP going after the Big Five
Mortgage lender MCAP is taking direct aim at the big banks, with bonuses for brokers bringing in clients who would otherwise renew or refinance with the Big Five.
Broker Network of the Year finalists announced
This year’s Canadian Mortgage Awards will have some added excitement as the Mortgage Broker Network of the Year will be presented for the first time.
The rise and fall of mortgage rates
Research released by the Bank of Canada Thursday, not surprisingly suggests that Canada’s largest banks are slow to pass on cuts in the Bank of Canada’s policy interest rate.
2011: The Road Ahead
Consumer awareness and confidence in brokers, broker-lender relationships and the threat from government of more mortgage rules are some of the issues John Tenpenny heard about when talking with prominent industry members
Are U.S. brokers giving Canadian brokers a bad name?
Canada’s mortgage brokers are voicing concerns that negative press in the United States is hurting their business, and their reputations.
Brokers react to latest mortgage industry research
The latest research on the broker industry from Maritz Canada for CAAMP, revealed some interesting facts about brokers and their relationships with consumers and lenders.
Superbrokers: Growing through Technology
CMP recently polled national broker networks across Canada to uncover what they offer their brokers – everything from compensation to training to ancillary services. Here are the results
Relationship Makers: A review of the industry's CRMs
All brokers need to organize their client contacts to keep in touch. And every brokerage tries to provide its agents with the best. Heather Li explores the industry’s CRM programs
A Brave New World: How technology is changing the industry
While many have begun to move with technology as it drives businesses forward with new innovations and devices, others have dug in their heels, holding on to a nostalgic idea of an industry that once was. Increasingly, the days of paper applications and fax machines are nearing extinction, and for those who aren’t using today’s technology, they may be too. In this article, Shane Buckingham takes a look at how using the latest tools and technology has changed the industry as a whole and how it has helped those who’ve been able to capitalize on it
The Pros and Cons of Broker Hubs
As lenders increase their minimum volume requirements and efficiency ratios, mortgage brokers are pooling their office deals to take advantage of favourable fees and to continue their relationship with preferred lenders. Gina Monaco takes a look at the pros and cons of this growing trend.