One broker has lost a large chunk of business to the big banks, after his preferred lender started refusing to do one type of deal.
Brokers are split on what effect one recent government rule change will have on the instances of fraud in the real estate industry.
Forget shorter amortization periods: One broker believes a mortgage grace period would be more beneficial for first-time buyers.
One industry association is lobbying for longer amortization periods for first-time homebuyers, but brokers aren’t exactly sold on the idea.
Are broker channel lenders ready to fight the big banks on the prime side?
Canadians are becoming more educated about mortgages and turning to brokers in higher numbers, according to industry players.
It’s not just sports milestones measured in three – with one broker clinching the industry’s triple crown at this year’s Canadian Mortgage Awards.
The Canadian Mortgage Awards are set for this Friday, with the event’s sponsor – a leading lender – speaking to the importance of that recognition of excellence.
Brokers frustrated by appraisal management companies may have to look to lenders to bring about change.
One broker offered his advice for dealing with clients told by the banks to shop for rate, and the approach is nothing but classy.