Justin Da Rosa is a journalist with Canadian Mortgage Professional.
It’s praise brokers may feel they don’t get enough of, but one lender is commending how brokers have handled mortgage rule changes.
The Coalition of Independent Mortgage Brokers of Canada (CIMBC) caused a stir among industry players when it was launched in late 2014, and it has since won valuable lender support.
One broker lays out how a fee-based model might look like for the mortgage brokers, but is it a shift the industry should consider?
Brokers fear resurgence of high interest loans in wake of refinance LTV limits.
The Crown Corporation reiterates its dedication to determining prevalence of foreign investment on the heels of additional critics questioning data gaps.
Lenders are backlogged, creating a delay in offering commitment letters and brokers are frustrated as a result.
The government must clear up confusion about what is and isn’t a “grow-op,” warns a broker concerned healthy properties are getting pulled up with the weeds.
Brokers credit their expertise and value add for helping them win back market share, but one lender is warning that the big banks are now utilizing similar tactics.
Not every city has the infrastructure to handle behemoth prehistoric beings, and one rises above the rest as the most likely to handle the task.
Brokers who want a more lucrative fee model may have to fight for it, suggests one industry veteran.