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Topic & Comments
Equity Financial announces leadership change by Justin da Rosa | 2013-12-11 4:18:09 PM

Burgeoning alternative lender, Equity Financial Trust, announced Thursday that CEO Nick Kypriano has been replaced by Michael Jones, who will assume the role of president of Equity Financial Trust, effective October 7.read more

Broker fears CMHC downsize by Justin da Rosa | 2013-12-10 10:42:52 AM

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

Independent insurers to take advantage of CMHC's risk fee? by MBN | 2013-12-09 9:55:31 AM

CMHC increased its risk fee to 3.25 per cent last week and one broker believes Canada’s independent insurers – and the brokers who deal with them – are poised to take advantage.read more

What can brokers do to prepare clients for rate hikes? by MBN | 2013-12-09 9:34:37 AM

Brokers may be compelled to advise clients to opt for a smaller mortgage, following a warning that homeowners may be ill-prepared to handle impending interest rate hikes.read more

Source: REDX to cease recording AMP activity by Justin da Rosa | 2013-12-06 11:57:30 AM

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

CMHC to Brokers: Don't worry about 'risk fees' by Vernon Clement Jones | 2013-12-06 7:01:06 AM

CMHC has now moved to reassure broker networks that new and controversial "risk fees" pose no threat to mortgage funding -- that despite growing fears.read more

New tool makes it easier to collaborate on deals by Justin da Rosa | 2013-12-04 9:18:37 AM

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