CANADA MORTGAGE & FINANCIAL GROUP

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CANADA MORTGAGE & FINANCIAL GROUP

Ameera Ameerullah, Founder and CEO
Favourite mortgage product: Refinance

Years as an independent: 1
Always independent: No
Number of employees: 7
Volume in 2015: $185 million

What do you think are the biggest issues facing the broker industry?

• Not enough collaboration among brokers and agents
• Regular changes by FSCO (legislative and non-legislative)
• Changes of internal banking lending policies
• Licensing is too easy to acquire, especially by individuals who are not properly trained in the mortgage industry

In your view, what is the biggest advantage of being independent?
• More open line of communication with banking senior executives, including BDMs
• Revenue control
• Implementing change to policy and procedure according to regulation changes
• Overseeing and managing conduct of agents, ensuring they are compliant

What does your company do differently to stand out from the competition?

We offer industry knowledge and training to mortgage agents or brokers who are working with other brokerages, as we believe in collaboration and not competition.


 
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