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Vancity plans to reach out to more mortgage brokers by | 2010-01-21 7:24:46 AM

The director of mobile sales and brokerage at Canada's largest credit union, Vancity, says the company hopes to build its network of mortgage brokers in 2010 and has plans to introduce a loyalty program in the next three to six months.read more

AIG United Guaranty set to come under Canadian ownership by | 2010-01-06 2:27:44 AM

The private investment department of the Ontario Teachers' Pension Plan announced today it has entered an agreement to buy AIG's Canadian mortgage insurance business.read more

U.S. mortgage rate breaks downward cycle by | 2009-12-16 1:50:29 AM

Breaking a five-week streak of declines, the 30-year fixed-rate mortgage average rose to 4.81 per cent, according to Freddie Mac's weekly survey of U.S. mortgage rates.read more

The private lending ride by MBN | 2009-12-15 9:52:29 AM

The demise of subprime lenders combined with tightened credit has meant an increased demand for private mortgage funds. Erin Letson explores how brokers can navigate this altered private lending landscaperead more

Growing debt threatens economic stability: BOC by | 2009-12-12 7:26:51 AM

With household debt-to-income ratios in Canada at historical highs, the Bank of Canada is warning both borrowers and financial institutions to practice caution, particularly when it comes to mortgage lending.read more