Latest news

  • Bank tries to win other lenders’ business

    One big bank’s offer that claims to allow clients to switch their mortgage for free could actually cost thousands, says one industry player

  • Bank predicts BoC rate decision

    This is what the Bank of Canada will do with its overnight rate target at next week’s meeting, according to one big bank

  • Technology drives up client expectations

    New technologies to create and share client files have been a godsend for brokers – but have also heightened client expectations for speedy deals and even speeder replies to their inquiries

  • Develop a smart risk management strategy

    Creating a risk management strategy is a crucial step in preparing your business for unexpected hurdles – and golden opportunities

  • CFF saga continues

    The second suitor to CFF is expressing new determination to press ahead with its bid to acquire control of the bank and to take it public – that despite the approval Home Trust appears to have already won.

  • Bank benefits from monoline partnership

    One big bank credits outsourcing some of its originations process to a broker channel lender as the reason it can offer lightning-quick turnaround and strict credit verification

  • Brokers predict BoC rate

    With yet another Bank of Canada rate decision around the corner, brokers weigh in on what they think – and what they hope – the central bank will do

  • How are spring market predictions holding up?

    Three months ago, Genworth Canada’s CEO had this message for U.S. investors: the housing market sky in Canada isn’t falling. With summer winding down, has that message changed?

  • Canada job numbers for August hit

    The unemployment numbers are not only an indication of where Canada stands in terms of recession but also hint at next week's rate decision by the Bank of Canada.

  • Lenders using specials to win business from each other

    Brokers are increasingly frustrated by lender “live deal” specials – some calling those offers little more than unproductive poaching