Royal Bank of Canada boosted its first-quarter net income by 24 per cent to $3.03 billion
The Bank of Nova Scotia has re-forecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2016.
A leading broker has teamed up with CMHC to offer marketing lessons – and it’s word of mouth that he believes should be every industry player’s primary focus.
National Bank announced changes to the compensation structure of its broker services this week and broker opinions diverge among those who say they won’t be affected and those who feel it will impact their decision to use the bank’s services.
MortgageBrokerNews.ca’s sister site in the United States is tracking the effects of the shutdown on your counterparts south of the border. Is this another reason to be happy to do business in Canada?
In a marketing initiative likely to garner the interest of cost-conscious clients, Mortgage Alliance has now partnered with Petro Canada for the launch of its Mortgage Alliance Fuel Savings business card this week.
Fitch Ratings released a report Monday stating that the Canadian banks have yet to experience a significant decrease in their mortgage sales, despite the increase in interest rates that many thought would price consumers out of the market; though the agency does believe there is a possibility that the effects will be felt in the months to come.
Burgeoning alternative lender, Equity Financial Trust, announced Thursday that CEO Nick Kypriano has been replaced by Michael Jones, who will assume the role of president of Equity Financial Trust, effective October 7.
National Bank is effectively overhauling its status and compensation programs for brokers in an effort to better promote efficiency but also as a way of to ensure continued strategically controlled growth through the broker channel.
The move by a 20-year industry veteran to join a network in expansion mode may further bolster its membership.
It’s a match made in housing heaven, as a leading mortgage insurer and Habitat for Humanity team up to raise money for communities across Canada.