Canadian Mortgage Hangout Mar 14th 2013

The Canadian Mortgage Hangout is a weekly broadcast that was aired what seemed to me to be an hour earlier than usual this week because of a ridiculous time change. How does this make any sense at all, In Saskatchewan, we never adjust our clock, everyone else changes time - but yet we are now broadcasting at 11am local SK time instead of over the noon hour. Anyway, we broadcast live 10am PST/1pm EST on canadianmortgagehangout.tv, feel free to check out that site for any past broadcasts. As always, consider joining the conversation on The Twitter by using the #cmhTV hashtag.

Contributors

• Rob Campbell - "Never sure what he will say" @therobcampbell
• Jackson Middleton - "Enjoys pushing buttons" @kiltedbroker
• Scott Dawson - "Relentlessly pursuing mastery" @sdd
• Gord McCallum - "A moment of silence please" @gordmccallum

*** As usual, we are always looking for new faces to bring on the show, next week we will be joined by the Manager of Fraud & Investigation at Servus Credit Union Jeremy Nicholls - you won't want to miss that! Also, Paul Grewal from Street Capital has agreed to appear on the show one of these weeks, that is exciting as Paul is a legend in the business.

Summary

This week went a little long, but we discussed quite a few topics. Great information for newer mortgage professionals in the industry.

• MPP insurance - class action lawsuit
• Legal responsibility by brokers to "offer" life insurance to clients
• MPP accessing our client lists 3rd party
• Mortgage Renewals - how to handle them
• 5 yr fixed vs 10 yr fixed
• 10 yr fixed on rental properties

*** Note, last week we had record viewership on the #cmhTV - isnt that the way it is sometimes, we labor endlessly to bring viewers the latest mortgage news with average viewership, the second we bring on a guy who eats fruit for 23 minutes - everything explodes!