In the first part of CMP's Broker Roundtable series, our network heads discuss a hot button issue: Brokerage consolidation.
Albert Collu's profile for Mortgage Broker News Hot list 2014
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.
A major mortgage broker network unveiled its new website, which focuses on consumer education.
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.
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.
MortgageBrokerNews.ca has just learned that Mortgage Architects has acquired Argentum Mortgage and Finance.
One broker tired of doing all the work and watching the client jump ship to a big bank matching rate is reigniting the debate on exclusivity agreements.
AMBA and IMBA have come together in a partnership to strengthen support and educational opportunities for their members – but also with the potential to better market mortgage brokers.
A seasoned broker is encouraging channel lenders to relax their minimum volume requirements in the short-term, a way of helping an industry struggling to maintain originations even as the Canadian market cools.