Broker-To-Broker Advice: Batten Down The Hatches
Brokers may think collateral charges will eventually blow over, but that storm is here to stay, cautions industry veteran Dustan Woodhouse. What do you need to know?
Collateral charge mortgages have advantages: Broker
One broker reiterates the positives of the much-maligned – and increasingly popular -- collateral mortgage product.
Anti-spam education offered to brokers
REMIC is offering a free two hour session to help mortgage brokers prepare themselves for the upcoming anti-spam law.
How to prepare for upcoming anti-spam law
A new anti-spam law – that will require express consent of newsletter subscribers – will come into effect July 1, 2014 and brokers who currently disseminate newsletters are scrambling to become compliant. One broker offers his tips.
Which broker lender will feel the CMHC pinch?
Brokers are already positing their own theories on which lenders will be hardest hit by CMHC’s move to cap access to government guarantees for securitized mortgages.
Psst. Here's the ugly truth
Going forward, it may be hard to ignore the ugly truth staring your BFS clients in the fact: Is it time to declare your full income?
Gooo, brokers! A pep talk for 2013
Here’s a pep talk for 2013 guaranteed to banish any broker’s self-doubts and market fears
Who gets the bill for broker ad campaign?
Merix head Boris Bozic has joined the growing number of mortgage professionals endorsing the idea of a national advertising campaign, specifically focused on hawking broker wares to the largely uninformed consumer. That’s even as others look to mono-lines themselves to foot the bill.
Fraud prevention back on broker agenda
A fraud-prevention expert – also a mortgage agent – is asking his peers to double check their file protection measures against a list of six essentials. It’s a way of guarding themselves, their clients and their industry against the kind of recent broker lapse grabbing headlines in Alberta.
Brokers: Time for Mono-line consumer advertising
Mono-lines are facing renewed calls to increase consumer advertising, a way of helping mortgage brokers sell to often skeptical clients – inclined to dismiss all non-banks as B lenders.