56. Chad Oyhenart, DLC Canadian Mortgage Experts

56. Chad Oyhenart, DLC Canadian Mortgage Experts

Company: DLC Canadian Mortgage Experts 
Total volume: $67 million
Loans funded: 142

CMP: What are your thoughts on consolidation in the industry?
Chad Oyhenart: Consolidation is inevitable, but I think the industry needs to be concerned about over consolidation. The major networks are squeezing lenders on profits and commissions that could lead to lenders moving out of the industry if the trend continues. Lenders need to be profitable, as well, for them to remain in the mortgage space through the broker channel.

 

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  • DLC Canadian Mortgage Experts

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