Listening to brokers key to good lending
Those lenders who are perennially near the top of CMP’s Brokers on Lenders survey maintain their position by listening to and learning from brokers, says one industry veteran.
Bigger broker networks can compete with the big banks
One broker is hoping that the larger networks forming in the channel will speak loudly and carry a bigger stick – especially to level the playing field against the five big banks.
Are MICs the canary in the coal mine?
Those involved in MICs should pay close attention to property values – especially if they begin to go into decline, says one industry analyst, who believes investors may be misinterpreting market signals.
How does Canada's Top Broker do it?
Canada’s top mortgage broker shares a few of his trade secrets on turning those ‘tire kickers’ into loyal, life-long clients.
What brokers really think about lenders
Lenders looking for the honest opinion of brokers can look forward to the CMP Brokers on Lenders survey, back again by popular demand. And make no mistake lenders do welcome that frank feedback.
Jailed broker ordered to repay victims $600K
A disgraced New Brunswick mortgage broker has now been ordered to repay his victims $600,000 and banned from the investment industry for life, an encouraging sign for tougher regulations in the mortgage industry, said the president of the East Coast brokers’ association.
Mortgage pie keeps getting smaller: brokers
The announcement Mortgage Architects has now acquired Argentum is strong indication the mortgage pie is getting smaller, and more mergers and acquisitions are on the horizon, say brokers.
Flaherty shifting his focus to credit card companies?
Mortgage brokers’ prayers may finally have been answered – Finance Minister Jim Flaherty is raising the possibility that he will attack the credit card problem from a regulatory front.
Size matters in brokering - Swift
Stay tuned, brokers, says Pacific Mortgage Group CEO Ron Swift on the heels of the Argentum acquisition, network consolidation will undoubtedly continue as companies struggle to achieve scale.
BREAKING NEWS: Mortgage Architects acquires Argentum
MortgageBrokerNews.ca has just learned that Mortgage Architects has acquired Argentum Mortgage and Finance.