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Topic & Comments
Sources: FirstLine to wind down by Vernon Clement Jones | 2012-06-21 11:16:18 AM

Two of FirstLine’s top broker partners are now confirming Firstline will, in fact, wind down operations at the end of next month, with news about how exactly CIBC will handle rate buydown and other point programs to come with a final announcement.read more

New lender woos 625 brokers by Vernon Clement Jones | 2012-06-21 9:32:53 AM

An upstart channel lender has now attracted hundreds of brokers and nearly $200 million in mortgages – that with little more than eight months on the clock and without resorting to bargain-basement pricing.read more

Level the playing field for Genworth, expert warns by Jamie Farshchi | 2012-06-21 4:05:29 AM

Amid growing economic uncertainty in Canada’s housing market, mortgage finance expert Jane Londerville has called for a levelling of the playing field for government-backed residential mortgages.read more

Brokerage leads with full-time trainer position by Vernon Clement Jones | 2012-06-13 5:16:45 AM

It’s an added cost many brokerages aren’t prepared to bankroll, but a leading Ontario player is now identifying the benefits of a dedicated trainer for agents teaching soft as well as hard skills.read more

Broker: there's an upside to employment downside by Vernon Clement Jones | 2012-06-12 6:03:27 AM

If there’s going to be a silver lining in slower-than-expected job growth, says one leading Toronto broker, it’ll be slower-than-expected rate hikes at the Bank of Canada.read more

OSFI nixes requalifying guideline by Vernon Clement Jones | 2012-06-07 8:37:40 AM

From CAAMP’s lips to OSFI’s ear. The federal regulator issued a letter Wednesday clarifying its position on re-qualifying borrowers at renewal -- effectively maintaining the status quo and confirming CAAMP's understanding.read more