Network head: Alternative lending key to success
Brokers prepared to dismiss B and C lending may be handicapped in 2014, with one major network head suggesting those brokers who embrace alternative lending will find themselves at the head of the pack.
Broker calls for level playing field for HELOCs
One broker believes last week’s budget is a step in the right direction, though she hopes the path will lead to once again allowing monolines to provide HELOCs.
Broker calls for insurers to provide flagged properties list
One industry player is calling on the mortgage insurers to make a list of red-flagged properties available to mortgage brokers and Realtors, after a deal fell through in the 11th hour.
Brokers making up for drop in refi business
Refinances may be down due to tightened lending guidelines, but brokers are turning to an old stand buy that has some worried desperate clients will be taken advantage of.
Broker network launches new consumer site
A major mortgage broker network unveiled its new website, which focuses on consumer education.
Internship program a success for one broker
A year on, one industry player boasts his unique internship program has a success rate that rivals more traditional methods of grooming brokers.
Another brokerage lands former bank bigwig
Mortgage Alliance isn't the only brokerage to land a huge catch from the big bank pond, with another major player now reporting its own coup courtesy of RBC.
CMA awards: Get your ballots in
The Canadian Mortgage Awards are back with a focus on charity and ready to honour this year’s leading industry players. We’re also tipping our hats to the hundreds of others who have claimed trophies over the last eight years, with a retrospective on their continuing contributions to the broker channel.
Brokers call for stricter education requirements
Brokers, who have dealt with the fallout created by inexperienced peers, are calling for stricter education requirements for incoming mortgage professionals, even as Ontario reviews its regulations.
Brokers blame busy August for slow September
September is traditionally a busy month for brokers, but summer’s end has been slow for some following a busy August that saw rate-holders flood the market.