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Topic & Comments
Time to standardize penalty calculations, say brokers by Vernon Clement Jones | 2012-01-20 6:47:56 AM

Lenders should be limited to a standardized menu of penalty calculations to avoid the kind of client confusion leading to a class-action suit against CIBC, said one veteran mortgage more

CIBC class action attracts hundreds of inquiries by Vernon Clement Jones | 2012-01-19 9:07:26 AM

Lawyers spearheading twin class-action suits against CIBC over “vague prepayment terms” have fielded interest from hundreds of the bank’s mortgage clients -- that as a case management judge in B.C. gets assigned to the legal more

Mortgage brokers rest easy... by Vernon Clement Jones | 2012-01-19 8:48:35 AM

Mortgage brokers worried Ottawa is moving to ax the 30-year amortization, rest easy … well, sort more

BMO move raises questions about 30-year amortization by Vernon Clement Jones | 2012-01-17 12:36:32 AM

BMO may be positioning itself at the forefront of any movement to do away with the 30-year amortization, presenting a limited-time offer on what may be the industry’s lowest five-year fixed rate – but one specifically capped at 25 more

B.C. association reaches out to consumers by Vernon Clement Jones | 2012-01-13 4:28:12 AM

A new website may be extending brokers not one but two helping hands – the first better connecting them to MICs; the second growing the public's confidence in those lesser-known lenders. read more

Prediction: Three broker networks in five years by Vernon Clement Jones | 2012-01-12 4:07:23 AM

An industry push to consolidate will ultimately result in as few as two or three mega broker networks in as little as five years, argues one industry veteran, with others suggesting it could ultimately strengthen their usefulness to brokers and more

Brokers 'sell out' winter conferences by Vernon Clement Jones | 2012-01-10 4:33:19 AM

Concerns about a cooling market haven’t affected broker appetite for warm-weather conferences, with broker networks and associations reporting what in many cases is unprecedented demand for their annual more