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News
Mortgage brokers who get ahead of compliance will outlast the rest
17+ hour, 50+ min ago (627+ words) mpamag.com Mortgage brokers who get ahead of compliance will outlast the rest A decade of regulatory whiplash taught me one lesson: get ahead of compliance before an audit forces the issue I founded Pinnacle Mortgage Corp in April 2015, in…...
DLCG announces deal to buy Filogix | Canadian Mortgage Professional
23+ hour, 50+ min ago (532+ words) $58.5m move sees mortgage giant acquire prominent tech platform Dominion Lending Centres Inc. has acquired Filogix from Finastra Holdings Limited for $58.5 million in cash, a deal that puts a mortgage giant in control of the two platforms its own brokers and…...
Mortgage firms offered fully funded route to train next generation of advisers
1+ day, 21+ hour ago (388+ words) Fifteen-month programme offers firms up to 100% government-funded training to build an in-house pipeline of CeMAP-qualified advisers Walbrook Institute London has extended its apprenticeship provision to include a new level 3 pathway for trainee mortgage advisers, providing firms with a government-funded route…...
MCAN Financial reports profit surge
4+ day, 22+ hour ago (529+ words) Canada's largest federally regulated MIC lifts net income on mortgage growth and renewals The Toronto-based company, Canada's largest federally regulated mortgage investment corporation (MIC), reported net income of $24.0 million, or $0.59 per share, for the three months ended June 30. That's up from…...
Focus on managing client expectations as a top priority, says lawyer
1+ week, 5+ hour ago (662+ words) Women in Mortgage Summit panel moderator tells CMP what’s essential in the current market Rate uncertainty, a wave of mortgage renewals impacting client books, and buyers who hesitate for reasons that have little to do with pricing and everything to…...
Operational excellence in VA loans leads to executional excellence
1+ week, 4+ day ago (638+ words) mpamag.com Operational excellence in VA loans leads to executional excellence Systems, structure, and discipline is the key behind World Home Loans’ 18-day closings I closed 627 loans last year at an 18-day average, and the question I get asked most…...
How the AI boom is turbocharging San Francisco’s housing market
1+ week, 5+ day ago (692+ words) Median home prices climb and inventory tightens as high-earning tech buyers fuel activity across the Bay Area It's always been a magnet for tech giants and startup founders chasing their dream of building the next big thing. But while San…...
Where the real work gets done at MortgageFest Canada
1+ week, 5+ day ago (568+ words) The Insights Stage promises two days of sessions built for brokers who want practical answers, not presentations MortgageFest Canada, the rebranded evolution of the Canadian Mortgage Summit, arrives at the International Centre in Toronto on September 23 and 24, with more than…...
AI data centers are now a factor in the homebuying decision
2+ week, 1+ hour ago (640+ words) A new Redfin survey finds most Americans oppose nearby AI data centers, even as Virginia's data-hub counties report a school funding windfall More than half of Americans say they don't want an artificial intelligence (AI) data center built near their…...
The big interview: Not a 'coat of paint': What successful AI looks like in your business
2+ week, 2+ hour ago (769+ words) Newrez's CIO says most mortgage companies are doing the same work they did 20 years ago, just on a screen The mortgage industry has spent the past two years talking about artificial intelligence, and most of the conversation has focused on…...