Latest news

  • Longstanding CAAMP VP to step down

    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.

  • No surprises in CREA's latest numbers

    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.

  • Brokers call for tighter bank regulations

    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.

  • Brokers apprehensive about potential B-21

    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.

  • Lender expands to Prairies

    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.

  • Senator's alleged mortgage fraud offers cautionary note for brokers

    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.

  • 'Broker-owned bank' rebrands itself

    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.

  • A product for contractually employed homebuyers

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

  • Forecast: no 'aggressive government intervention' this year

    It depends how much stock you put in Realtor forecasts, but a new market survey suggests brokers have little to fear from the federal government this year, despite continuing rumour to the contrary.

  • Lender jumps into Alt-A lending

    A key broker lender in the A-space is now saying competition in that realm is part of the reason it has moved to focus on Alt-A lending.