Canadian Mortgage Hangout - Street Capital Edition [Storify]

The Canadian Mortgage Hangout is a weekly live Google+ Hangout that takes place every Thursday at 10am PST/1pm EST at canadianmortgagehangout.tv. Our goal is to share information about and around the mortgage industry in Canada. This week we were fortunate to have special guest Paul Grewal, President of Street Capital Financial Corporation join us to talk about what is new with Street Capital. Lots of great information here!

Contributors & Guests

• Gord McCallum - "Only guy in a Tie" @gordmccallum
• Jackson Middleton - "Correspondent" @kiltedbroker
• The Rob Campbell - "Correspondent" @therobcampbell
• Scott Dawson - "Correspondent" @sdd
• Paul Grewal - "President of Street Capital" @paulsgrewal

Summary

Paul Grewal was a fabulous guest, he has tremendous insight into how the entire mortgage brokerage industry works. Here are some quotes from the video and some highlights from twitter - using the #cmhTV hashtag.

"Street Capital is growing and we are proud of that... One of the things we identified early is we need to be local" Paul Grewal

Recently Street Capital received CMHC approval to securitize mortgages, just one step closer to becoming a bank. Here is what Paul had to say about why Street Capital is moving in this direction.

"Mortgages are our mainstay, but we believe that if we can offer brokers more products to cross-sell, we will be a more successful as a company" Paul Grewal

As you can tell from the first 4 tweets in this story - all of us on #cmhTV have tremendous respect for Paul Grewal and were very happy to have him on the show!