How Can Mortgage Lenders Grow Their Books?

Edmonton lawyer Adam Merrick is set to moderate a panel discussion on how mortgage lenders can grow their books of business later this week.

On April 21, Adam will moderate the How to Grow Your Mortgage Book webinar sponsored by the Canadian Lenders Association (CLA). A five-person panel will discuss trends and concerns for mortgage lenders, and offer tips on how lenders can grow their books over the next two to five years.

Monetary policy and economic factors are causing rapid change in the lending space. Last week, the Bank of Canada raised its overnight rate to 1%. Interest rates are expected to continue rising as the central bank attempts to rein in inflation, which is hovering around 6%.

Panellists at Thursday’s webinar include Joseph Fooks, co-founder of Mortgage Automator Inc., Alex Leduc, founder and CEO of Perch, Jesse Bobrowski, vice-president of Calvert Home Mortgage Investment Corporation, and Chad Weninger, a mortgage broker with SnapNOA.

The CLA has more than 250 members across Canada, including bank and non-bank companies (excluding payday lenders) that lend or provide other means of credit to individuals and small businesses.

Adam is a leading commercial lawyer in Alberta with extensive experience in lending, commercial real estate, mergers and acquisitions and property development. Learn more about Adam’s practice.