Mortgage Broker

Winter 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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44 | winter 2018 cmba-achc.ca CMB MAGAZINE Brokers I n December 2017, the Canadian Mortgage Brokers Association inducted the inaugural members of the MB Funding Roll of Honour. is prestigious commendation was created to recognize individual members of the CMBA provincial associations who have reached a considerable and verifiable funding threshold. Much like financial planners, who establish credibility by pointing to total funds under administration, mortgage brokers widely recognize funding volume as an important measure of achievement. In fact, the mortgage broker industry in Canada funds up to $80 billion of volume per year, and as such it is vitally important for CMBA to recognize the role that individual members are playing in achieving this significant level of activity. e first cohort to be recognized under the new MB Funding Roll of Honour was the individual brokers in British Columbia who have successfully originated and funded over $1 billion in verifiable mortgage volume. A stringent third-party audit process was put in place in order to confirm these funding amounts. is level of scrutiny establishes an important element of credibility to the Roll and to the entire mortgage broker profession. It also highlights the potential for accomplishment that each broker has over the course of his or her career and encourages new entrants to strive for success. Please join us in congratulating the inaugural members of the MB Funding Roll of Honour, $1 Billion Tier. • Garth EllIs, Verico – Ellis Mortgages Canada • FEIsal PanjwanI, Invis – Feisal & Associates • rob rEGan-Pollock, Invis Inc. • karEn GIbbard, Verico – Gibbard Group Financial Going forward, it is expected that the MB Funding Roll of Honour will also be introduced to the CMBA provincial associations in Ontario and Atlantic Canada, initially at the $1 Billion Tier, and later expanding nationwide to recognize member mortgage brokers who have achieved verifiable volumes of $500 million and $100 million. 1 a striking ice sculpture of the 2017 Funding roll of honour wordmark. 2 the gala was held at the historic rosewood hotel Georgia in Vancouver. 3 a few of the 2017 Mb award winners (left to right): nitesh Prakash, rob hafer, Garth Ellis, karen Gibbard, suzanne Fleur de lys-aujla, Ed karthaus (accepting for home trust), hover chau, tom wollner and Feisal Panjwani. 1 2 3 ANNOUNCING THE MB FUNDING ROLL OF HONOUR™ BILLION DOLLAR TM F U N D E D V E R I F I E D C E R T I F I E D

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