Regulator offers reason for requirement
FICOM is arguing its pending disclosure requirements will ensure mortgage advice isn’t compromised by broker interests – but brokers argue that oversight is unnecessary
Alberta brokers struggle
Lenders are making it harder for clients to qualify for mortgages out West
We’ve hit bottom, says industry analyst
Interest rates – and in particular mortgage rates – can’t go any lower, and the growth of lending has peaked or is close to peaking, says one industry analyst.
Details around commission disclosure revealed
FICOM has come clean with its full intentions around commission disclosure but has yet to commit to an implementation date, pointing to the sensitive nature of the move
The campaign promise flying under brokers’ radar?
Legalizing marijuana may be a top campaign promise for Dead Heads, but savvy brokers could take advantage should it pass
Broker: It’s time for CMHC reform
The CMHC has outgrown its original intent, according to a number of industry players, and this professional argues it should focus less on profits
MICs thriving in a low-yield investment landscape
With the continuing low yield environment, mortgage investment corporations have seen dramatic growth over the last couple years as investors search for return and capital preservation, says one mortgage investment analyst
Employment Insurance claims hit major markets
New EI claims suggest broker originations may take a hit
Who’s the ideal finance minister … for brokers?
There are a few frontrunners, according to one leading economist, and brokers are getting in their request before Justin Trudeau even takes office
BoC prediction is a double-edged sword for brokers
Imbalances in the Canadian housing sector are one of the main risks to the Central Bank’s inflation outlook