Mortgage Broker

Fall 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.

Issue link: http://digital.canadawide.com/i/1042808

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CMB MAGAZINE cmba-achc.ca fall 2018 | 13 memberprofile CAnAdiAn MortgAge Broker (CMB): Tell me about your career. When and how did you get started in the mortgage industry? nH: I started on the collection side of things when I took a job in the mid- 1980s at Financial Collections Agency. I thought I would last for about a week, but I was there for a couple of years. During that time, I learned to do collections in a different manner. I would gather details from customers and then I would go out and arrange alternative loans to help clean up their credit. It turned out the finance companies and collection clients loved that; I accepted a job with Trans Canada Credit (TCC), provided they would teach me the lending side of things, too. Eventually, I became a branch manager. When Wells Fargo took over TCC, our roles changed and we could not do what we once did. So in partnership with Keith Leighton, a TCC colleague, I started Ideal Mortgage in 2006. Meet Nick Hamblin From collections to co-ownership, the Ideal Mortgage founder has never forgotten that he works for the customer By LisA gordon A sk anyone who's dealt with Nick Hamblin, and they'll say he is a tireless advocate for his clients. . It's a philosophy that dates back 25 years to his first industry-related job at a financial collections agency, and it carries over today at Ideal Mortgage in Halifax, N.S., a full-service brokerage founded by Hamblin and his business partner, Keith Leighton, in 2006. . e success of their customer- centric approach is evidenced by the company's roster of about 4,000 clients, 80 per cent of whom are repeat customers. . As the company's Co-Broker/Owner and Past President of CMBA – Atlantic, Hamblin advocates developing the East Coast mortgage industry through broker education, measured and effective regulation, and industry collaboration. . Here, he shares his thoughts on achieving success in today's mortgage industry. Over-regulation can reduce options for consumers, decrease efficiencies and increase costs – and that means everyone loses.

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