Industry welcomes CMHC change
It may be a small victory for brokers, but CMHC’s latest rule change is a welcome decision in an era of seemingly endless mortgage rule tightening.
Economist sends warning to Ottawa
One leading economist is warning that any more mortgage rule tightening would negatively impact the entire economy, following speculation that the Canadian government is considering more rule changes meant to cool the housing market.
FCT lifts industry profile with scholarship
An overwhelming number of applications for a scholarship funded by FCT is helping lift the industry’s profile at the same time paving the way for its further growth.
Brokers call CAAMP up to bat
Industry players are calling for CAAMP to demand a retraction from CBC, following a segment that painted brokers and monolines with the same brush as high interest “shadow” lenders.
Have rates finally hit their lowest point?
Now may be the time for your clients to strike, with one big bank arguing mortgage rates are as low as they will go.
Lender urge advisors to guard against elder abuse
A key partner for mortgage brokers is asking them to help protect aging clients from a growing phenomenon – one with the potential to compromise financial security.
The days of jack-of-all-trades brokering are gone. It’s time to master specialization.
CBC paints brokers with same brush as ‘shadow’ lenders
Brokers are scratching their heads after a CBC radio program about mortgages appeared to lump monolines and brokers together with shadow lenders.
New CAAMP ads focus on not just AMP-designated brokers
CAAMP has been criticized by broker members for years for publishing ads commending the skills of AMP brokers specifically, and a new national campaign expands that message; but that doesn’t mean it’s done with its AMP-focused campaigns.
Lender welcomes latest addition to its Canadian family
One bank that prides itself in being 100 per cent Canadian owned has recently acquired an Alberta financial institution to increase its reach in the Edmonton area.