GREY:CXSNF - Post by User
Post by
kingposton Jun 20, 2014 4:40pm
338 Views
Post# 22681197
question on roll overs?
question on roll overs?As others pointed out here, it has been stated/promoted over and over how counsel will get higher spreads when mortgages roll over after 5 years..... this does not make sense to me because cxs relies on the morgage broker chanel to originate, how could they just take over the account after five years turning their back on the original broker? and also would not the original broker contact the mortgagee at roll over time?I think pushing the original brokers aside would upset the brokerage community and be negative....Any experts out there care to comment on this....?