Ed Karthaus

Develop educational programs designed specifically for the different roles within the mortgage industry.

• Utilize social media to target the public with awareness of the benefits of working with a mortgage broker.
• Enhance and expand on the professional development opportunities currently available for brokers and agents.
• Work with lenders to strengthen and reinforce existing underwriting standards.
• Liaise with provincial and federal government representatives to ensure they have an accurate view of the important role mortgage brokers play in the Canadian mortgage industry and the value they bring to consumers.

MPC can play a greater role in helping all members take advantage of new innovations.

• Improve the ways in which brokers and lenders can communicate and exchange mortgage applicant details.
• Evaluate and recommend how best to implement and take advantage of new and emerging technologies.
• Help guide the industry on how to thrive in a changing environment such as the advent of the Millennial generation and how this cohort is changing the way we do business.

MPC is the best-placed authority to implement an industry-led initiative to address fraud prevention strategies, whether it be broker or originator.

• Create specialized training to help brokers identify instances of borrower fraud.
• Develop and maintain a real-time database of fraudulent transactions which all lenders can access in order to reduce repeat offenders.
• Create a process that ensures those acting in an unethical manner results in meaningful consequences.