The major advantage for brokers following rate cuts?
Brokers have reported an increase in inquiries from clients since the Bank of Canada rate change, which has provided an opportunity for industry players to extoll the benefits of working with a mortgage broker – and explain the fine print on mortgage documents that many bankers may overlook.
Banks to be more transparent with controversial product
A major broker gripe about a big bank mortgage policy has finally been addressed by Finance Minister Joe Oliver and more transparency about the practice is forthcoming.
Guest column: Three tips to help you break into the CMP Top 75
For the past several months Scott Peckford of Impact Mortgages has been hosting a podcast called “I love Mortgage Brokering”, which features interviews with brokers across the country. Through his first several interviews he has picked up tips for building his business and, perhaps more importantly, reignited his passion for the industry.
Brokers discuss incorporating
A guest column by one of the industry’s most respected players stoked the fires of discussion Thursday, encouraging brokers to discuss the ins and outs of incorporating a brokerage.
Guest column: To be, or not to be? Incorporated, that is
Leading mortgage broker Dustan Woodhouse puts forth his argument for incorporating your business.
Broker-To-Broker Advice: Batten Down The Hatches
Brokers may think collateral charges will eventually blow over, but that storm is here to stay, cautions industry veteran Dustan Woodhouse. What do you need to know?
Collateral charge mortgages have advantages: Broker
One broker reiterates the positives of the much-maligned – and increasingly popular -- collateral mortgage product.
Anti-spam education offered to brokers
REMIC is offering a free two hour session to help mortgage brokers prepare themselves for the upcoming anti-spam law.
How to prepare for upcoming anti-spam law
A new anti-spam law – that will require express consent of newsletter subscribers – will come into effect July 1, 2014 and brokers who currently disseminate newsletters are scrambling to become compliant. One broker offers his tips.
Which broker lender will feel the CMHC pinch?
Brokers are already positing their own theories on which lenders will be hardest hit by CMHC’s move to cap access to government guarantees for securitized mortgages.