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ScotiaBank delivered some less-than-optimistic news to mortgage brokers and those who depend on the housing industry for their livelihood.
Homes sales have started to bounce back from a relatively cool winter market, with Canada seeing a 4.9 per cent year-over-year sales increase in March.
One broker is hoping lenders better streamline their documentation process after a number of law firms began charging clients more to deal with files that come from monolines than their bank counterparts.
A new anti-spam law – that will require express consent of newsletter subscribers – will come into effect July 1, 2014 and brokers who currently disseminate newsletters are scrambling to become compliant. One broker offers his tips.
MortgageBrokerNews.ca spoke with the president of O’Leary Ventures who explained the decision behind shutting the doors on O’Leary Mortgages.
Former Finance Minister Jim Flaherty passed away Thursday. He died of a heart attack.
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.