Mark Squire, National Bank’s Director of Broker Services and Virtual Banking, expects the rest of 2010 slow down. “Talking with other lenders and what we have experienced ourselves, we went into 2010 very strong and ahead of where we thought we were going to be. We are noticing a slow down in our pipeline. 2010 is going to be a bit slower, there is still a lot of business out there, we just need to work a little harder to get it. For the remainder of 2010 and into 2011, I think it will be balanced and level off”
Mark also talked about the impressive growth gained by National Bank over the past two years. From ranking 22nd in broker market share in 2008 to its current 10th position, National Bank will continue to optimize their relationship with independent mortgage brokers.
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