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.
B-20 makes brokers ‘sexy’
B-20 formally came into full-effect this week, but some mortgage brokers report they have learned to live with the stricter underwriting guidelines from OSFI months ago and have even put a positive spin on it.
Why lenders are changing the rules
Verico's Colin Dreyer is offering his own analysis on why the lending landscape for brokers is changing and what if anything mortgage professionals have to worry about.
The Big Story: Doable diversification
Diversification may be on the lips of every broker in Canada, but actually accomplishing it takes more than talk, reports Jemima Codrington. It takes action.