Less than a year since its official launch, O’Leary Mortgages has surrendered its FSCO license effective March 31.
REMIC is offering a course on commercial mortgage brokering and MortgageBrokerNews.ca spoke with two of this year’s top-ten commercial brokers to get their advice for brokers interested in adding this increasingly lucrative business to their practice.
Buyers are working harder for longer when saving for a down payment and home ownership is still considered financially beneficial, according to a Canada-wide survey commissioned by Genworth Canada.
One broker’s application was denied by the lender after he voluntarily disclosed his client's pregnancy.
With all the talk about the CMHC potentially instituting risk-based insurance premiums, it’s another crown corporation policy one broker would like to see changed.
Two leading Ontario credit unions announced their amalgamation Friday; a move that will certainly cut into a chunk of big bank business and provide more options for mortgage brokers.
More data on the effects the housing market has on the economy is needed, according to one leading economist.
The Canadian Mortgage and Housing Corporation (CMHC) said it would be open to implementing risk-based default insurance and one leading broker believes the move could certainly benefit one type of home buyer.
Industry players are calling for CAAMP to change a membership rule blocking individual brokers unless all their team signs up too.
Despite the glut of condo developments expected to sprout in the next five years, a new report states Toronto’s condo market will experience a “soft landing.”