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VERICO: Rumours of my death have ... by Vernon Clement Jones | 2012-03-01 3:48:28 PM

It's the broker equivalent of turning lemons into lemonade, with VERICO using rumours about its sale to a competing network to bring an expanding membership even closer.read more

Canadian consumers: Thank you, Mr. Bernanke by Vernon Clement Jones | 2012-02-29 11:14:47 AM

The U.S. decision to hold short-term interest rates near zero through 2014 – 18 months longer than expected – suggests the Bank of Canada now has little choice but to do the same, giving consumers – and brokers – more time to dally in the current low-rate environment, say analysts.read more

MCAP-acquired ResMor division to continue originations by Vernon Clement Jones | 2012-02-25 11:58:16 AM

ResMor Trust’s residential mortgage division will continue to originate new home loans under the rebranded name RMG Mortgages after MCAP formally takes the reins next month, MortgageBrokerNews.ca has learned.read more

First-time bonus unlikely to help brokers by Vernon Clement Jones | 2012-02-24 6:12:03 AM

Banks – and not brokers -- will likely win billions of dollars in new mortgages stemming from a B.C. tax credit for first-time buyers of new construction.read more

Economists: Bet on more mortgage rule changes by Vernon Clement Jones | 2012-02-23 6:50:20 AM

A new poll suggests economists are increasingly convinced the government will move to ratchet down mortgage rules in 2012 – that even as the broker channel ramps up lobbying efforts to block the move.read more

Veteran sells book with a twist by Vernon Clement Jones | 2012-02-22 10:23:58 PM

One of B.C.’s most veteran brokers is blazing yet another trail -- putting his book up for sale, but as part of business package that includes a leased storefront synonymous with mortgages for nearly two decades.read more

Report: Tighter mortgage rules threaten key industry by Vernon Clement Jones | 2012-02-18 8:12:36 AM

A broker channel report is now documenting what could well be at stake with further tightening of the country’s mortgage rules -- detailing the economic impact of the housing and mortgage industry.read more