Alternative lending update: Broker success, Choosing a lender, Liquidation, New association, More

Honest, consistent, and proactive feedback from brokers key to success

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14 April 2022

Honest, consistent, and proactive feedback from brokers key to success Input from broker advisory council invaluable as Community Trust looks to continue expansion How should a broker go around choosing an alternative lender? "You really want to figure out what you are to that person and what they're willing to invest" Setting up alternative mortgage brokers for long-term success "How can we make them look like rockstars?" New industry association to aid alternative lenders The association promises education, resources, and connections for alternative mortgage market players What are lenders encouraging brokers to keep top of mind? Leading names in the lending space on what brokers need to take into consideration this year Ontario court approves motion for lender's liquidation Approximately 26,000 investors are expected to lose as much as $1 billion in total

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