Who’s the ideal finance minister … for brokers?
There are a few frontrunners, according to one leading economist, and brokers are getting in their request before Justin Trudeau even takes office
Regulators hint at coming rule change
Brokers in this one market may soon have to provide more detailed disclosure to clients but it’s another industry that should be targeted, argues one professional
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
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
Broker balks at bank ad
Big banks can keep their house calls, argue brokers who prefers to do business the more-efficient way
Bank ad: ‘Our mortgage advisors come to you’
It’s a new and largely unprecedented threat to brokers, with one big bank ramping up the promotion of its army of road reps by showcasing what increasingly separates them from competitors
Broker proposes solution for last-minute deal killers
With a growing number of originations falling apart in the eleventh hour, one industry player is calling for a broker-appointed watchdog focused on holding lenders accountable
Lenders killing deals with eleventh-hour demands
A growing number of files are being sent back by lenders with demands for additional information but with too little time to meet closing, argues one industry veteran
What’s the longest you’ve had to wait for an approval?
The chief concern for brokers each summer is an increase in approval turnaround times, but many players say this year takes the dubious honour of being one of the worst on record
Broker proposes unique penalty for fraudsters
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?