News

  • Toronto brokerage scores big bank coup by MBN | 17 Jan 2014

    Rack up another for the broker channel, with a successful bank defector joining a Toronto brokerage as it readies to take on 2014. read more

  • Brokers confident in monoline A-lenders by Justin da Rosa | 16 Jan 2014

    Brokers are expressing their confidence that most monolines will stay and fight increasingly competitive banks in the A market, despite one of their lender recently retreating from that space. read more

  • Longstanding CAAMP VP to step down by MBN | 16 Jan 2014

    Brokers may be wondering if there will be a directional change for the national association, with a longstanding CAAMP Vice President set to step down from his post this summer. read more

  • No surprises in CREA's latest numbers by Justin da Rosa | 16 Jan 2014

    Despite a summer housing market surge, home sale activity slowed in December – sparking a trend back to moderation that is expected to carry into 2014. read more

  • Brokers call for tighter bank regulations by Justin da Rosa | 15 Jan 2014

    One broker believes the banks are intentionally pulling the wool over customers’ eyes and is calling for a specific client signoff on collateral mortgages and not just at the time of signing. read more

  • Brokers apprehensive about potential B-21 by MBN | 15 Jan 2014

    Brokers may not buy into Realtor optimism, with two industry players taking to MortgageBrokerNews.ca’s comments section to air their fears of the impending B-21 guidelines. read more

  • Lender expands to Prairies by MBN | 14 Jan 2014

    One lender is making it easier for brokers in Manitoba and Saskatchewan who have resolved to do more trailer fee-driven deals by expanding into the Prairie Provinces in 2014. read more

  • Senator's alleged mortgage fraud offers cautionary note for brokers by MBN | 14 Jan 2014

    Newly released court documents -- alleging a former senator committed mortgage fraud on a home he billed Senate expenses for -- serve as a cautionary tale for brokers. read more

  • 'Broker-owned bank' rebrands itself by MBN | 14 Jan 2014

    The company that some brokers consider the industry’s first “broker-owned bank” has been given a new identity, marking the next step in establishing its brand in Canada. read more

  • A product for contractually employed homebuyers by Justin da Rosa | 13 Jan 2014

    A lender in the UK has established a mortgage product specifically tailored to contract employees, which has Canadian brokers clamouring for something similar here. read more