Mortgage Broker

Summer 2018

Mortgage Broker is the magazine of the Canadian Mortgage Brokers Association and showcases the multi-billion dollar mortgage-broking industry to all levels of government, associated organizations and other interested individuals.

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CMB MAGAZINE cmba-achc.ca summer 2018 | 25 the Office of the Superintendent of Financial Institutions (OSFI) this year are challenging. Over the last few years, every change that has come about has caused a bit more effort on our part to learn and adapt. It's definitely become a bit more of a challenge to put together an "A" deal, but it's also an opportunity for brokers to grow their business. Now, more than ever, our business is relevant. People still need to buy homes, refinance and have debt. We're finding that we must re-educate our clients (especially past clients) about the changes, and plan for the future more. It is now more hands-on, even aer their mortgage closes. CMB: how do you personally strive for excellence? KM: I'm a huge advocate of ongoing education. I really believe that you should take advantage of every opportunity you have to learn. I am constantly providing educational programming to my agents, such as bringing in speakers, and I encourage them to go out to different industry training sessions as much as possible. I want to see my team doing their best and sharing with each other so they can be at the top of their game. CMB: What advice would you give to those just starting out in the industry? KM: I would tell them to be patient. Mortgage brokering can be very rewarding personally and financially. Have a great plan and keep working at it; don't give up. Don't get discouraged aer a few months! Find great people to work with; have accountability partners and a great mentor. CMB: Do you feel you have broken any new ground during your career? if so, how? KM: I've been very involved in this industry. I am the CMBA Ontario president. I guess I have made some strides with being from Ottawa, which is outside the traditional Toronto geographic scope. Also, my brokerage is known for its excellent mandatory training program, with full-time mentors available to new agents all the time. CMB: What's on the horizon for you, career-wise? KM: I will continue to grow my business. I'm looking forward to expanding the team by four or five new agents each year. I have a great team in Toronto that I want to continue growing. I also find it very exciting that we now have second-generation people coming on board; we have about 10 to 12. I love to see young people choosing this industry and I see myself mentoring them in the years to come. Mentorship is key. CMB: What are some of the hobbies you enjoy in your spare time? KM: I'm an avid reader. I like to read marketing and business books. My biggest hobby is golf. I get through the winter so that when spring gets here, I can golf a few times a week. I'm not good by any means, but it's my favourite thing to do. I'm also heavily involved with association work. mblegend I love to see young people choosing this industry and I see myself mentoring them in the years to come.

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