Latest news

  • Economist expects market to 'cool gently'

    Another economist has thrown his hat into the mix of forecasters who believe Canada’s housing market is set for a slow and modest correction.

  • Lender support finalists announced

    Talented lender support can mean the difference between funding a deal for a client and not. And with that in mind, CMP has released the finalists for the best lender BDM of the year and best lender underwriter of the year.

  • Taxman after condo owners

    Brokers' condo buying clients need to get their legal paperwork in shape before selling up or they could face the wrath of the taxman.

  • Top 75 trend to continue?

    The number one position for the top 75 brokers by volume may be up for grabs again this year with the numbers strongly suggesting a new person – yet again – will end up with the highest funded volume.

  • Poll question: Would you charge a cancellation fee?

    Have your say: Would you consider charging a cancellation fee for rate site clients?

  • Mortgage Brokerage of the Year finalists announced

    This may be the one most brokers have been waiting for: CMP releases its finalists for the broker of the year awards.

  • Only 56 per cent of brokers have applied for license renewal

    Are we set for a major broker cull or are brokers just procrastinators? The latest data from the Financial Services Commission of Ontario (FSCO) points to a mere 56 per cent renewal rate among brokers leading up to the March 31 deadline to submit license renewal applications.

  • How to: Advise clients about bidding wars

    A broker is often a homebuyer’s first pit-stop on the way to home ownership but once that transaction is completed buyers may have to deal with the shark-infested waters that surround bidding wars. Here are some tips to pass on to your clients to better prepare them and build confidence.

  • Former Ontario broker faces 28 charges

    The Financial Services Commission of Ontario has charged a former licensed broker with 28 counts under the Ontario Mortgage Brokerages, Lenders and Administrators Act.

  • Newcomers to be honoured at CMAs

    The mortgage broker industry has its fair share of regular faces; the old guard who have been leaders for years. Each year, however, a new crop of up-and-coming, ambitious professionals emerge and some of them will take home Canadian Mortgage Awards for their efforts. These are our finalists in a number of “newcomer” categories.