Scott Dawson news

  • Fraudsters getting smarter, better organized

    An industry expert is cautioning brokers on smarter, better-organized mortgage fraudsters, more professional than the familiar mom-and-pop operations that once challenged the industry.

  • How low can you go – 2.84

    Jim Flaherty needs to “stay out” of the affairs of banking, say mortgage brokers, as one channel lender throws down the gauntlet with the introduction of a 2.84 per cent rate.

  • Demise of the buyers’ bonus a boon to brokers

    B.C.'s new home credit for first-time buyers expires on March 31 – and that's great news for brokers tired of seeing many clients lured to a developer's lender.

  • '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.

  • 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

  • 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.

  • Vancouver brokering is what?

    B.C. brokers are as bullish on the future of the business as they are the beauty of their province.

  • Expert gremlins interrupt preapprovals rush

    D+H was quick to resolve the issue – and all technical hands were indeed on deck. But brokers trying to push through a mountain of preapprovals ahead of today’s rate reset were, nonetheless, confronted by Expert technical problems that slowed and, at some points, blocked submissions Wednesday.

  • And the survey says...

    Rising home prices in the third quarter likely disguised a slowing market for real estate agents and mortgage brokers, alike, suggests a new survey from Royal LePage.

  • Vancouver brokers eyeing Alberta opportunites

    It may be a case of thinking the grass is greener on the other side, but a growing number of B.C. brokers are moving to get licensed across the border in Alberta, as originations in their own large markets slow.