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
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
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
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
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
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
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
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
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
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