ING Direct moving to cease broker originations
For some brokers, it reads like a "Dear John" letter, but on Wednesday, ING Direct announced it will cease accepting new applications from brokers on Feb. 16, at the same time recommending its new parent company Scotia to mortgage professionals.
Speak now or forever hold your peace
Insurance and mortgages are tying the knot at a growing number of brokerages, but don’t expect creditor insurance providers to object to the union. Far from it.
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.
Mortgage industry headed for national licensing: broker
A seasoned broker foresees and, indeed, welcomes the mortgage industry’s move towards a national licensing regime, pointing to the development of a regulatory council.
'Rate-less' website pays off
A year after he decided to remove rate charts from his website in favour of “more quality content," a Vancouver broker is billing his increased traffic as proof of a winning strategy.
Verico partners with Brian Tracy for new broker webinar
Verico is poised to launch business development webinars with motivational speaker Brian Tracy, aimed at pushing its mortgage professionals forward, even as the market falls back.
First-timer bonus helps -- not hurts -- some brokers
A government bonus for new homebuyers – tied to new construction purchases – has worried B.C. brokers, but has ultimately proven “harmless,” say some industry players
Don't 'bin' unproductive referral partners, say brokers
Brokers tempted to ditch referral partners slow to provide leads in a slowing market should re-think that, caution several industry professionals.
Brokers defends position on representing private lenders
It may go against the grain of many brokers, but one seasoned mortgage professional makes it clear to borrowers that he represents the lender in private deals and not, in fact, them.
Top 5 tips for turning up leads
With reports from all fronts pointing towards a market slowdown, seasoned brokers are offering newbies some of their tried-and-true strategies for turning up leads during a slump.