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IMF: Additional measures may be needed to cool market by MBN | 2014-02-04 12:44:07 PM

The International Monetary Fund believes Canada’s summer housing boom was a fleeting phenomenon that will likely give way to a more stable market; though it also argues additional measures may be needed, which could include higher down-payment requirements.read more

Broker sentiment poll now open by MBN | 2014-02-03 8:45:19 AM

Last year’s Broker Sentimental Poll revealed brokers still relied on traditional word-of-mouth as their primary referral source but with the growing popularity and influence of rate sites, has popular opinion changed a mere year later?read more

Strengthening fraud prevention a focus of MBLAA review by | 2014-01-29 5:59:15 AM

Ontario Finance Minister Charles Souza is currently reviewing recommendations for the MBLAA review; and chief among them is to strengthen fraud prevention measures.read more

A Brave New World: How technology is changing the industry by | 2014-01-27 11:18:56 PM

While many have begun to move with technology as it drives businesses forward with new innovations and devices, others have dug in their heels, holding on to a nostalgic idea of an industry that once was. Increasingly, the days of paper applications and fax machines are nearing extinction, and for those who aren’t using today’s technology, they may be too. In this article, Shane Buckingham takes a look at how using the latest tools and technology has changed the industry as a whole and how it has helped those who’ve been able to capitalize on itread more

Recommendation to allow alternative mortgage course providers by MBN | 2014-01-27 12:41:32 PM

CAAMP has been the sole provider of the accredited mortgage broker course for just under a year, but it may not be for much longer, following recommendations that the government take up concerns over whether one provider is enough.read more

MBLAA recommendations focus on higher education standards by Justin da Rosa | 2014-01-27 12:40:12 PM

The man tasked with reviewing the Mortgage Brokerages, Lenders and Administrators Act, 2006 (MBLAA) has presented his recommendations to Ontario’s Minister of Finance; with higher educational standards for agents and brokers among his chief objectives.read more

Millennials more willing to rent? by MBN | 2014-01-24 2:56:30 PM

Traditional thinking among Canadians is that homeownership is favourable to renting; an attitude that has boded well for mortgage brokers who have a large majority of the population looking for mortgages to tap into. But what if attitudes shift and biases toward renting decrease?read more