Broker calls for level playing field for HELOCs
One broker believes last week’s budget is a step in the right direction, though she hopes the path will lead to once again allowing monolines to provide HELOCs.
Broker network adds to management team
One leading broker network made waves Friday with the announcement of three key additions to its management team.
Home Trust bullish on brokers' future
The CEO of Home Capital Group is forecasting a positive year ahead for both the lender and the broker channel following the release of the company’s fourth quarter results.
Broker Network at the Super Bowl?
If you watched the Superbowl you probably noticed DLC’s ads -- certainly consumers did, according to the broker network.
Provincial broker orgs work together
A more cohesive broker voice may soon be realized, with The Alberta Mortgage Broker Association (AMBA) announcing Tuesday it is working closely with other provincial bodies and regulators to ensure better coordination among the various organizations.
CMHC cutbacks announced
The budget announcement quietly slipped in changes to government-backed mortgage insurance, including reductions to the amount of new guarantees CMHC will provide.
Groundwork set for small banks to enter market
The federal government’s vow to encourage greater competition in financial services will pave the way for a greater number of small companies to win banking licenses, according to one leading broker who believes that benefits both the industry and the consumer.
Budget 2014: Win for monolines
The broker channel can chalk up a win for monolines following Tuesday’s budget meeting, with Finance Minister Jim Flaherty taking steps to arm “smaller banks” with the tools to better compete with the big banks.
Last chance to vote for CMAs
Now is your last chance to cast your vote for the Canadian Mortgage Awards (CMAs) as polling will close this Friday.
Toronto to cause correction?
Canada’s largest housing market may be cause for an eventual correction, with a new outlook from BMO Capital Markets pointing to an unsustainable mix of accelerating Toronto home prices and eventual rate hikes.