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Industry’s use of cancellation fees revealed
The results are in, and the number of brokers who charge cancellation fees – touted as the best protection against rate shoppers – may surprise you
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Would you like a home with that coffee?
Starbucks is getting into the loan business, and is now offering its employees 0% interest rates to help them purchase homes
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Brokers are beating the drum for BFS clients
Spreading the word about what brokers can do for clients hasn’t been easy – but there are ways to inform and educate, and in the process, build a book of clients
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Bank to create more-powerful road reps
It may be the single-biggest enticement for brokers to move back to the bank side, with one major lender promising to give mobile specialists more to sell than mortgages
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Brokers helping train Realtors?
Brokers need to be knowledgeable about financing if they ever hope to successfully close deals – but extending that knowledge to Realtors can go a long way to smoothing the application and approval process
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Broker clarifies cancellation fee controversy
The broker recently featured by a major paper for charging a cancellation fee is providing his side of the story – and offering more details on the file
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What can brokers expect for the next few years?
One big bank is providing a long-term rate forecast likely to send even the most ambivalent fence sitter into the home-buying market
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Unexpected deal killers exposed
The difference between a loan approval and a rejection may rest more on the experience of the broker and the underwriter than the credit rating of the client
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Blogging for your business
Brokers may be more comfortable writing loans than writing blogs, but the latter is increasingly key to generating organic leads off the web
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Brokers call for increased awareness
Brokers are calling on their associations to take their advertising to the small screen to challenge the interest big banks are creating