Refocusing on Realtor relationships post-refi boom
Following the dramatic reshaping of the U.S. housing market, Wells Fargo is refocusing on building relationships with Realtors and moving away from refinancing – a move that brokers this side of the border have already found to be successful.
Radius launches broker loyalty program
A rising lender in the channel has launched a loyalty program for brokers, tying new minimum volume requirements to a slew of value-adds for its best partners.
Realtors hit harder by T.O. slowdown than brokers
March home sales fell across the GTA from that boom time a year ago, encouraging brokers to get more creative in sussing out new business.
Brokers to benefit from Street announcement, says Grewal
The decision by Street Capital’s parent company to dispose of its non-core business to concentrate on the mortgage lender is good news for brokers, Paul Grewal.
Time to transform Mortgage Brokers Act, say B.C. brokers
While CAAMP is effectively asking the B.C. government to tinker with the province’s Mortgage Brokers Act, some brokers are calling for a complete overhaul, one that clearly places brokers at the reins.
CMP announces iPad winner
And the winner of a new iPad from CMP’s annual Broker Sentiment Poll contest is….
B20 to promote ‘uninsured’ securities market, says broker
One broker believes the new B20 guidelines should allow lenders to create a residential mortgage-backed security market entirely focused on uninsured loans.
Battle back against rate sites, analyst urges
Don’t obsess over the disruptive nature of rate comparison sites, says one industry analyst and speaker for the upcoming Mortgage Summit – instead create your own disruption and make your own waves in the channel.
Sale of Xceed ‘positive for brokers,’ says CEO
Concerns among brokers that Xceed will go the way of ING and FirstLine following MCAN’s announced takeover can be put to rest, says CEO Michael Jones.
Take the CMP poll
This week’s broker poll takes a look at appraisals, and just how accessible these documents are to the brokers who depend on them for information, and what - if any - changes in availability have occurred within the industry.