OSFI puts kibosh on bank risk-sharing
The Office of the Superintendent of Financial Institutions (OSFI) will not force Canada’s banks to assume more mortgage risk, despite calls from many in the industry for them to do so.
CMP Broker Lifestyle Survey: What should we ask?
Last year marked the inaugural Broker Lifestyle Issue and in it, we uncovered just what exactly makes up the average mortgage broker. But this year, we'd like to get even more detailed so let us know what questions you'd like to see us ask in the comments below.
Why personality beats products every time
"Sometimes brand success isn’t about product at all, it’s about attitude." These are the thoughts of uberbrand managing director Dan Ratner, who believes that a brand isn’t just a product or service. "It is the sum of everything your customers think about you.”
Realtors top the list for wage increases
The latest survey of payroll hours and earnings from Statistics Canada shows that real estate agents have seen the biggest gains in income in the past year.
Is there a better way to add the homes Vancouver needs?
Patrick Condon is the chairman of the University of BC’s urban design program and he believes that Vancouver’s current policy of building big developments away from the core downtown area isn’t necessarily the best option.
Loonie falls to lowest level since March
Weaker-than-expected GDP figures for July have hit the Canadian dollar, which has fallen to its lowest level since the end of March.
Nova Scotia bans fracking
As expected, Nova Scotia has banned high-volume fracking except for testing and research purposes.
Prevalence of collateral mortgages may surprise you
Brokers don’t mince words when it comes to banks’ collateral charge mortgage practices but a recent MortgageBrokerNews.ca poll shows just how prevalent they are in the mortgage broker industry as well.
Guest column: A valuable tool in your broker toolbox
It’s not for everyone, writes Anson Martin of Verico Fair Mortgage Solutions, but private financing can get the financing your client needs if the broker is willing to work for it.
Brokers: Are you on the verge of burnout?
The ways burnout manifests itself can range drastically – for some, its aggressive behaviour at work; for others, it’s downing a few extra glasses of wine at home.