Albert Collu news

  • Broker considers loyalty agreement to stop client hemorrhaging

    One broker tired of doing all the work and watching the client jump ship to a big bank matching rate is reigniting the debate on exclusivity agreements.

  • Keep calm and broker on

    Here, according to leading broker network execs, is what the new mortgage rules mean for mortgage professionals

  • Brokers anticipate Flaherty’s next move

    What will the government’s next move be if the new mortgage rules don’t result in a market slowdown? Brokers are taking some well-educated guesses.

  • Govt to lower amortization, LTV on refis ... again

    The reprieve Canadian brokers thought they had is no longer, with the government confirming it will now lower the maximum amortization on an insured mortgage to 25 years and cap refinances at 80 per cent of a home's value.

  • AMBA & IMBA partnership aims to better market brokers

    AMBA and IMBA have come together in a partnership to strengthen support and educational opportunities for their members – but also with the potential to better market mortgage brokers.

  • Brokers: Lenders, cut us some slack

    A seasoned broker is encouraging channel lenders to relax their minimum volume requirements in the short-term, a way of helping an industry struggling to maintain originations even as the Canadian market cools.

  • Going exclusive

    Mortgage professionals say they’ve had enough of clients going to the bank, with broker commitment letters in hand. As Vernon Clement Jones finds out, a growing number are thinking exclusivity agreements will stop them in their tracks

  • Bozic weighs in on exclusivity agreements

    A broker channel lender is endorsing the idea of client exclusivity agreements, arguing the time has come for an industry-wide discussion on those controversial but, perhaps, increasingly necessary contracts.

  • Broker frustration sparks debate on client exclusivity agreements

    Exclusivity agreements: It’s a controversial idea, but one whose time may have come, with IMBA President Albert Collu kicking off an industry dialogue on contracts that would penalize clients for using brokers to get better rates at the banks.

  • Centum: Broker workshop to focus on consumer debt

    Runaway consumer debt: It’s not just the federal government’s concern, but also the focus of a mortgage workshop for brokers – set for Vancouver this fall and focused on ensuring brokers extend their utility beyond the transaction, say sponsors.