The real reason the government has introduced stringent mortgage stress testing, claims a mortgage broker, is because it wants Canadians to spend less money on mortgage payments and more on other segments of the economy
Whether it’s CAAMP or the recently launched CMBA, brokers are calling on national associations to go to bat for them with the big banks.
They’re in the news once again: Homes known to formerly house marijuana grow-ops are frustrating brokers and homeowners alike, and the latter has taken to MortgageBrokerNews.ca for help.
One mortgage company is bringing together technology and happy client stories in one contest in the coming weeks.
Growing housing prices are drawing more broker attention to HELOCs, especially in the wake of ever-increasing household debt.
Speculation has begun to swirl prior to the next Bank of Canada rate meeting, with one economist vehemently arguing against further cuts.
When brokers asked one lender if they were planning on keeping their renewal commission plan, the answer was a simple one.
What can you do to retain the brokers who are most critical to the success of your business? Here are five tips to consider.
A new broker network was recently launched and it hopes to offer big bank services.
Brokers are increasingly frustrated by credit check inaccuracies, and one industry player has proposed an easy solution.