News

  • Brokers to Jim Flaherty: Don't get any ideas... by Justin da Rosa | 15 Aug 2013

    Brokers warn the federal government not to read too much into the July spike in home sales, specifically the 9.4 per cent rise highlighted in the latest Canadian Real Estate Associate (CREA) report. read more

  • A different tack for self-employed clients by Justin da Rosa | 15 Aug 2013

    Brokers continue to vent their frustration over securing mortgages for self-employed clients, but are increasingly directing them to write off less of their income, among other successful strategies. read more

  • July sales defy gravity, Flaherty by MBN | 15 Aug 2013

    July home sales are backing up industry boasts, with new CREA numbers confirming a 9.4 per cent rise from the same month last year. read more

  • UPDATED: Broker points to cancelled preapprovals by Justin da Rosa | 14 Aug 2013

    UPDATED: At least one monoline appears to have cancelled pre-approvals written before the CMHC announcement last week, said one broker, raising concerns that other lenders will follow suit. read more

  • Who would really be the No. 1 broker? by Justin da Rosa | 14 Aug 2013

    Last year’s No.1 on the Top 75 Broker list removed himself from the running this time around but believes, contrary to growing speculation, he would come out on top even if the criteria were altered to focus on profitability. read more

  • Are mortgage brokers approachable? by Justin da Rosa | 14 Aug 2013

    Mortgage brokers are increasingly keen to hang onto their reputation as the “friendliest” financial services experts around, with community involvement still the preferred way to meet that objective. read more

  • Two new names for Brokers on Lenders survey by CMP | 13 Aug 2013

    This year’s Brokers on Lenders survey is poised to reach deeper into the channel than any before, with two key lenders finally garnering enough broker reviews to make it into the final ranking. read more

  • DLC adds new TV spot by | 13 Aug 2013

    Dominion Lending Centres’ new TV spot features young girls talking about what their homes mean to them – a campaign acknowledging the power of women in home financing decisions. read more

  • Has Canada won its first broker-owned bank? by Justin da Rosa | 13 Aug 2013

    With several brokers holding shares in the new parent company of MonCana, many are calling it Canada’s first broker-owned bank – something exciting brokers from one end of the country to the next. read more

  • What if anything could you do? by Justin da Rosa | 12 Aug 2013

    The developer behind the Trump tower in Toronto has yet to close on 201 hotel-suites bought by investors who are unable to secure mortgages. The dilemma begs this question: What could you do for such a client? read more