47. James Loewen, Loewen Group Mortgages

47. James Loewen, Loewen Group Mortgages

Company: Loewen Group Mortgages
Location: Ontario
Total volume: $84.67 million
Loans funded: 297

CMP: What was your primary strategy for growing your business in 2019?
James Loewen:
Technology advancement and online presence. We’re proud to relay that 2019 brought about some of the largest changes and implementations in technology we’ve done to date.

CMP: Do you think consolidation will be a significant factor in the industry this year?
JL:
Yes. We’ve already seen a lot of brokerage houses purchased over the last couple years, with the many becoming the few. Quite simply, I see this as a trend for large brokerage houses seeking to increase their portfolio of volumes, and also as a means of controlling what platforms are being used to submit these volumes to lenders.

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