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Topic & Comments
Brokerage benefits from RBC? by Vernon Clement Jones | 2012-03-13 2:54:17 PM

Try not to snicker, but one brokerage has found a way to piggyback off of RBC’s success, relocating to a storefront the bank only recently vacated after 30 years.read more

Alberta brokers brace for influx of Ont., B.C. agents by Vernon Clement Jones | 2012-03-10 2:00:20 PM

New forecasts for Alberta home sales have local brokers bracing for another wave of interprovincial poaching as mortgage professionals from B.C. and Ontario amp up their cross border marketing.read more

Brokers scramble to retain FirstLine clients by Vernon Clement Jones | 2012-03-10 11:08:19 AM

No, brokers, it wasn’t all in your head. CIBC’s latest financials confirm the bank has actively been shifting its mortgage focus back to the branch and away from the broker channel, ahead of putting FirstLine on the auction block.read more

BoC may end the rate wars by Vernon Clement Jones | 2012-03-09 5:17:50 AM

If the banks aren’t prepared to put the brakes on rising mortgage debt, the Bank of Canada may soon be, hinting that it could raise its key overnight rate as soon as this summer.read more

New front opens on the mortgage wars by Vernon Clement Jones | 2012-03-09 4:33:27 AM

Forget the rate wars! says one agent. We’re now in the middle of an underwriting war, with new channel lenders forcing established players to shorten turnaround times and keep clients from running to the bank.read more

Haditaghi: Possible loss of CIBC is a big deal! by Vernon Clement Jones | 2012-03-09 4:09:30 AM

CIBC’s departure from the broker channel -- through its sale of FirstLine -- would be anything but insignificant, suggests the founder of Pacific Mortgage Group.read more