Former bank employees find new home in broker industry
Former bank employees continue to flock to the mortgage broker industry, with the latest defectors finding a new home with Canada’s largest broker network after gaining experience with a rival network for a year.
Booming 2014 to give way to moderated 2015?
CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday.
CMHC crunches condo ownership breakdown
Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled.
Broker: Lender's products are what matters
One leading broker has echoed the same sentiments of some of Canada’s largest broker networks: it is a lender’s products – and not it’s affiliation with one particular network – that will determine broker opinion.
Lender grows share and earns support across channel
A leading lender is enjoying significant growth and support from the broker networks across Canada following its investment in one of those networks.
Insurer stat points to healthy market?
One of Canada’s leading private insurers unveiled strong second quarter results and, perhaps more interestingly, one statistic that potentially points to a healthy housing market.
Bank products superior to monolines'
Brokers often prefer sending business to their monoline partners rather than to one of the big banks and CMP’s forthcoming Brokers on Lenders survey will provide those partners with details on how to better compete.
Brokers discuss incorporating
A guest column by one of the industry’s most respected players stoked the fires of discussion Thursday, encouraging brokers to discuss the ins and outs of incorporating a brokerage.
Have your say: Do you do commercial business?
In an increasingly competitive segment we want to know what percentage of our readers currently fund commercial deals.
Economist inching closer to bearishness?
One major economist has begun sympathizing with Canadian housing pessimists, though he isn’t ready to join their ranks just yet. Will brokers agree with his reasoning?