Understanding Mortgage Broker Value Stream Most mortgage brokers are looking to improve their output or reduce time taken to do their work. Brokers are also looking at the impact that outsourcing, current and future technologies will have on their value creation. MFAA...
Diversification Challenge In our view there are two things that today’s mortgage broker can be certain of: Cost of leads generation is increasing; and The commission amounts lenders pay to mortgage brokers will eventually reduce. With the influx of new digital players...
Embracing the inevitable: your digital broking future With the influx of large online portals into mortgage broking and the rapid development of artificial intelligence (AI), many traditional brokers are concerned about where their industry is heading and what their...
Broker productivity: why aren’t you settling $10m per month? Some mortgage brokers I talk to settle $8M+ loans per month and the others settle $800K and less. How is it possible that two people doing seemingly similar type of work perform so drastically...
Incorporating NCCP Compliance Documents into Your Sales Process Many brokers who we are talking to see NCCP compliance documents as something that ‘just has to be done’ to maintain their accreditations and avoid fines. NCCP Act was introduced to offer national...
Getting More Out of Your Time Where does your time disappear? Most of the small business owners frequently run out of time to complete their work tasks and end up working long hours. This often sacrifices their leisure time and generally reduces the potential...
