“Mindset has also been difficult to maintain – we’re so used to just having the ability to write loans and mortgages consistently because interest rates were low. When that gets taken away, you start to feel very constrained and you feel the pressure.”
AIME has become synonymous with innovation and support for mortgage brokers. Haddad highlights that peer-to-peer industry support has become particularly important during difficult times, and this has shaped the association’s goal to continue buildinga vibrant community of brokers who are able to share their knowledge.
“One of the things that I’ve learned is that people love having resources, and that’s why we’ve seen this massive wave of enthusiasm for tools like ChatGPT,” he explains.
“One of the biggest resources we have is our Facebook group, which is a community of 16,000 broker members. We have people that have been in the industry for 30-40+ years, and so having that knowledge at your fingertips and being able to ask questions to that group of high-level individuals – that’s really powerful.”
AIME is also revamping its membership offerings under Haddad’s leadership, and its portal will continue to provide direct access to lenders to allow brokers to escalate high-level loan issues. Haddad notes that this ability has already saved some members thousands in commissions – but if a broker is able to save even one loan, then the membership has already paid for itself.
Source: mpamag.com