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News
BNZ denies "squeezing out" brokers as ad campaign sparks industry backlash
1+ mon, 2+ week ago (493+ words) New "Clever goes direct" campaign draws accusations of undermining the adviser channel A new BNZ advertising campaign has triggered a public spat with the mortgage broking industry, after brokers accused the bank of trying to steer customers away from independent…...
Mortgage brokers capture 38% of new homebuyers in Canada
1+ mon, 2+ week ago (1301+ words) Arab Canada News – News for the Arab Community in Canada The share of mortgage brokers among new homebuyers in Canada has risen to its highest level in five years, amid increasing complexity in financing decisions and the variety of products,…...
Canadians increasingly turning to mortgage brokers for advice, not just rates: MPC survey
1+ mon, 2+ week ago (74+ words) The Globe and Mail Canadians increasingly turning to mortgage brokers for advice, not just rates: MPC survey New consumer research finds broker share rose to 38% overall and 48% among recent first-time buyers, as Canadians seek more help navigating rates, lenders and…...
Mortgage broker revenue rises as adviser numbers fall
1+ mon, 2+ week ago (196+ words) The regulator’s latest retail intermediary market analysis showed the number of mortgage adviser posts fell by 1,352 to 32,990, down from 34,342 in 2024. This represented a year-on-year reduction of approximately 3.9%, contrasting with the double-digit increase in reported sector revenue. Commission remained the main…...
Brokers who only offer conventional products are leaving a generation behind, exec says
1+ mon, 3+ week ago (799+ words) A mortgage executive says brokers who don't offer reverse and non-QM products are missing a generation of borrowers At a time when some pipelines may be slowing due to elevated interest rates, there is a large group of potential customers…...
H1 2026 sees rising broker expectations as service gaps become more visible
1+ mon, 3+ week ago (864+ words) Jake Sandford, head of data and analytics at Smart Money People, says good broker support services can help rescue a difficult case, but they can’t fully make up for a slow or unclear process. Our latest Mortgage Lender Benchmark (H1 2026) shows…...
What capital providers want commercial brokers to understand about deal preparation
1+ mon, 3+ week ago (578+ words) A Prime Finance exec says the best brokers ask the tough questions before the deal goes out, not after While residential mortgage brokers have dealt with macroeconomic headwinds that have slowed mortgage applications in recent weeks, commercial brokers have their…...
'Brokers are no longer simply sourcing rates, they are long-term advisers"
1+ mon, 3+ week ago (935+ words) Broker in Focus: Matthew Jackson, of Mint FS, on building a modern brokerage, navigating market turbulence, and the qualities that define a great adviser This week, Mortgage Introducer is featuring Matthew Jackson (pictured top), director of Mint FS, who has…...
Why California brokers are finding more non-QM deals than anywhere else in the country
1+ mon, 3+ week ago (682+ words) Pearson says the factors pushing California borrowers toward non-QM are structural and are not going away Non-QM lending has been growing rapidly nationwide for a variety of reasons, but one state seeing an explosion of non-agency lending is California. The…...