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Brokers overlooking small private lending deals, says industry veteran by Vernon Clement Jones | 2011-07-07 11:00:38 PM

They’re the kind of subprime deals many Ontario brokers have overlooked, said a 35-year veteran of the industry, but brokers willing to connect individual borrowers with individual private investors are positioning themselves for long-term revenue growth.read more

Laurentian HELOC expands broker business by Vernon Clement Jones | 2011-07-07 5:17:38 AM

Laurentian Bank’s broker arm is reporting a significant uptick in demand for its home equity lines of credit, most likely new business for brokers and not merely the re-routing of clients normally bound for the refi market.read more

CAAMP addresses educational concerns by Vernon Clement Jones | 2011-07-06 1:45:42 AM

CAAMP is reiterating its pledge to work with provincial governments to ensure minimal education standards for mortgage professionals in response to concerns about inexperienced agents “flying solo” in Ontario markets.read more

Broker: ‘Habitual refinancers’ facing forced listings by Vernon Clement Jones | 2011-07-03 8:14:12 AM

There's strong indication new mortgage rules have begun to cull the number of “habitual refinancers” said one 20-year veteran of the broker industry, suggesting a spike in the number of forced listings should soon follow.read more

Cameron takes 'Mortgage Revolution' to Calgary by Vernon Clement Jones | 2011-06-30 8:11:29 PM

The Mortgage Revolution continues, with the CEO of Axiom Mortgage Solutions preparing to take his candid and often critical conversation on ethics, integrity and – in a troubling number of cases – the lack thereof to Calgary next month.read more

TransUnion set to challenge Equifax on D+H Expert by Vernon Clement Jones | 2011-06-30 8:01:35 PM

TransUnion has finally made its push onto the D+H Expert platform and alongside rival Equifax, although brokers won’t be able to shoot off its credit reports to lenders until early next month.read more

New AMBA prez focuses on growing broker market share by Vernon Clement Jones | 2011-06-30 4:31:18 AM

AMBA’s new president is pledging to grow consumer awareness of broker services at the same time strengthen the organization’s ties to industry associations outside Alberta – both ways of overcoming stagnant broker market share.read more