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Topic & Comments
REMIC helps build Habitat for Humanity by Vernon Clement Jones | 2011-09-13 2:39:04 AM

REMIC – and the hundreds of Canadians it trains to become mortgage agents – is setting a course for philanthropy, kicking off a campaign focused on building the coffers of Habitat for Humanity.read more

RBC adds to its ranks for the rate wars by Vernon Clement Jones | 2011-09-12 3:58:35 AM

It’s an indication of just how committed RBC is to winning this year’s rate wars, with the mega bank taking on 1,000 new branch employees in the last 14 months – a large percentage of them mortgage specialists and five times as many new workers as it took on the previous year.read more

Mortgage Revolution takes on AMP designation by Vernon Clement Jones | 2011-09-11 10:57:35 AM

The head of a national broker network – and the “Mortgage Revolution” – is ramping up lobby efforts to increase qualifying standards for the AMP designation, arguing the barrier to entry is simply too low to promote industry professionalism.read more

Overheated markets push brokers to trailer fees by Vernon Clement Jones | 2011-09-09 9:18:55 AM

As a hedge against a “very probable” correction in B.C. home prices, a leading broker is actively moving to trailer fees, a way of protecting income at renewal for high-ratio clients, who may ultimately find themselves under water.read more

HST repeal offers 'short-term' pain, long-term gain by Vernon Clement Jones | 2011-09-04 10:55:17 PM

The people of B.C. have spoken, and their plans to axe the HST are poised to grow originations for brokers when homebuyers snatch up new high-end condos now idling on the market. But there may be some “short-term pain” to get through before that payday.read more