The Vine Rant: Insights from the Inside – The Future of the Mortgage Broker Industry

Peter Aceto, President of Mortgage Alliance, chats with Hugo Dos Reis about his transition from the banking world to the broker world. Together they discuss the reasons why more Canadians should be using a mortgage broker, how technology plays a role in improving the mortgage experience for both brokers and clients and where the mortgage industry is headed in the near future. Watch until the end for Peter’s advice on how to make the most of the year ahead.

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The Vine Rant: How has COVID-19 changed the property appraisal process?

Special guest, Rudy Naraine (Senior Executive National Manager – Broker Services, The Nationwide Group – NAS) sheds some light on how the appraisal service network was changed by the pandemic and how they adapted so quickly to the COVID-19 lending environment.

Are lenders open to accepting to automated valuation appraisal model (AVM)? Are property values more conservative because AVMs are more common? Are regular appraisal service methods going to be returning any time soon and what should be predicted for appraisal services in the near future?

Tune in to hear Rudy’s first-hand experience over the past few months.

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