Company: Moneybroker Canada – Mortgage Architects
Total volume: $189.33 million
Loans funded: 293
CMP: What are your thoughts on consolidation in the industry?
Christine Xu: Economies of scale make sense for the network owners. However, monopoly is not good for the individual brokers and lenders. I think the ultimate healthy situation [will be] a handful of similar-sized superbrokerages out there to balance the industry forces.