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Topic & Comments
First National Q2 financial results by | 2010-07-30 2:32:40 AM

Highlights included revenue increasing by 14 per cent to $104.6 million; mortgage originations declining by 9 per cent to $3.2 billion; and net income increasing to $56.4 million, a 36 per cent year-over-year more

Nova Scotia companies to offer job loss mortgage insurance by | 2010-07-27 5:47:41 AM

Canadian home buyers can opt for a little peace of mind with the introduction of job loss insurance coverage on mortgages by the Nova Scotia companies Fraser & Hoyt Benefits and Propel more

Alberta MP added to BMO lawsuit list by | 2010-07-26 1:38:55 PM

Among the hundreds of Albertans accused in BMO's alleged mortgage fraud, the bank is now adding Calgary Conservative MP, Devinder Shory, to its hot list, according to a CBC report stating that 'Shory, a lawyer, executed legal transactions that misrepresented the true mortgage owner of at least five Calgary properties.'read more

The Pros and Cons of Broker Hubs by | 2010-07-24 11:28:00 AM

As lenders increase their minimum volume requirements and efficiency ratios, mortgage brokers are pooling their office deals to take advantage of favourable fees and to continue their relationship with preferred lenders. Gina Monaco takes a look at the pros and cons of this growing more

Rate is higher but still historically low by | 2010-07-24 1:25:13 AM

Though the Bank of Canada raised its rate to 0.75 per cent on Tuesday, consumers may still have time to take advantage of lower waits since some banks wait days, even weeks, before raising their prime more