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Mortgage Broker News | 01 Jun 2011, 10:12 AM Agree 0
The corporate parent of HomeEquity Bank – Canada’s main underwriter of reverse mortgages revealed first quarter results marked by double-digit portfolio growth and a more-modest boost in originations.
  • James Shinners | 03 Jun 2011, 01:00 AM Agree 0
    HomeEquity & CHIP need to increase their Finders Fees to entice more brokers to enter this market. Considering a max LTV at 40%, it is hardly worth the effort to spend any marketing dollars toward this niche. With higher interest rates HomeEquity & CHIP can certainly afford to be a bit more generous to brokers.
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