Justin da Rosa

Justin da Rosa

I am the editor for Mortgage Broker News Canada.

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

  • Broker fears CMHC downsize

    While brokers doubt the ability of Canada’s independent mortgage insurers to pick up the slack if the government downsizes CMHC’s mandate, they’re much more certain about the kind of effect that move would have on their business. read more

  • Call by rivals for CMHC to hike premiums: To what effect?

    Globe & Mail sources report that Genworth and Canada Guaranty are encouraging the Canadian government to raise CMHC premiums. What effect will this have on clients and the brokering industry as a whole? Not much, says one player. read more

  • Source: REDX to cease recording AMP activity

    Teranet -- the people behind the REDX database -- will stop the controversial practice of recording brokers who drop the AMP designation, according to one network head, himself a victim of the policy. read more

  • Refi business drops 81 per cent

    While CMHC heralded its third quarter results Friday, it glossed over a whopping 81 per cent drop in refinances, leaving brokers to quantify the impact on their clients and their bottom lines. read more

  • New tool makes it easier to collaborate on deals

    A licenced mortgage broker has built a new system that may revolutionize the way brokerages collaborate on deals. read more

  • Affordability gap continues to grow

    The Royal Bank of Canada released its Housing Trends and Affordability report on Wednesday indicating slight deterioration of affordability across all Canadian regions; though not enough to create turmoil in the market. read more

  • Brokers react to Poloz

    In the wake of Stephen Poloz’s announcement that he believes Canada will avoid a housing bubble, brokers may agree but they are still wary of any future interference by Finance Minister Jim Flaherty. read more

  • Usual breakdown missing from CAAMP report

    CAAMP released its fall report earlier this week indicating that brokers have enjoyed an increased market share compared to their banking counterparts; but missing from this year’s survey is the usual breakdown into new originations and ren ... read more

  • Another rate site has brokers frustrated

    Whispers of a new rate site being backed by a deep-pocketed company have made their way across the industry, leaving some brokers frustrated. read more

  • CAAMP: brokers gaining market share

    The Canadian Association of Accredited Mortgage Professionals (CAAMP) released its annual fall survey report on Tuesday which indicated that brokers are quickly gaining valuable market share on their banking counterparts. read more