Justin da Rosa

I am the editor for Mortgage Broker News Canada.

Email me at justin.darosa@kmimedia.ca, and follow me on Twitter.

  • Should regulators focus more on unsecured debt?

    New data on consumer debt has dredged up an old broker gripe: Regulators need to rein in the availability of unsecured debt and leave mortgage spending alone.

  • RBC cuts mortgage rates

    Fears that RBC’s latest move to whittle down its fixed rates will set off the kind of rate war BMO did in 2012 are largely unfounded, argues one broker, suggesting this latest cut is a “marketing ploy.”

  • Brokers confident in monoline A-lenders

    Brokers are expressing their confidence that most monolines will stay and fight increasingly competitive banks in the A market, despite one of their lender recently retreating from that space.

  • No surprises in CREA's latest numbers

    Despite a summer housing market surge, home sale activity slowed in December – sparking a trend back to moderation that is expected to carry into 2014.

  • Brokers call for tighter bank regulations

    One broker believes the banks are intentionally pulling the wool over customers’ eyes and is calling for a specific client signoff on collateral mortgages and not just at the time of signing.

  • A product for contractually employed homebuyers

    A lender in the UK has established a mortgage product specifically tailored to contract employees, which has Canadian brokers clamouring for something similar here.

  • Lender jumps into Alt-A lending

    A key broker lender in the A-space is now saying competition in that realm is part of the reason it has moved to focus on Alt-A lending.

  • Broker gets creative with lead chase

    Ever-tightening regulations and ever-increasing competition from the banks are forcing the broker industry to get more creative when trying to chase leads and build business; which, for one broker, includes sharing leads with professionals he originally had an aversion to.

  • Internship program a success for one broker

    A year on, one industry player boasts his unique internship program has a success rate that rivals more traditional methods of grooming brokers.

  • Broker: Expect tighter underwriting in 2014

    One leading industry player foresees tightened mortgage lending regulations in 2014, which may affect the broker industry more than its banker rivals.