• Low rates pay big dividends for BMO by Donald Horne | 27 Feb 2013

    BMO is now sharing details about the infamous 2.99 campaign that sparked last year's vicious rate wars, suggesting it brought in a sizable number of new clients -- customers who didn't just stop at taking out a mortgage. read more

  • Equitable Trust: Bank status won't affect ties to brokers by Donald Horne | 27 Feb 2013

    Equitable Trust's interest in becoming a bank should not be seen as a move to reduce its reliance on mortgage brokers, said the monoline's president. read more

  • BMO grows originations despite mortgage rules by Donald Horne | 27 Feb 2013

    BMO’s big mortgage numbers for this quarter come at a cost, and that is the inevitable margin compression from low interest rates. read more

  • Broker course open to non-agents by Donald Horne | 27 Feb 2013

    CAAMP is opening up its broker education program to “those who deal with mortgage brokers or want to expand their knowledge about the industry.” read more

  • Brokers win new market-tracking tool by Donald Horne | 26 Feb 2013

    Knowing neighbourhood demographics in detail – from homeowner movement to pricing on the street-by-street level – is a critical advantage for brokers and one a new index aims to provide them. read more

  • IRD calculators gaining popularity by Donald Horne | 25 Feb 2013

    Brokers can warn clients about the pitfalls of IRDs and penalties, but it is a bit like leading a horse to water. read more

  • Lender aims to take the pain out of penalties by Donald Horne | 25 Feb 2013

    It is a familiar story – a client looking to refinance, but facing a prohibitively high penalty. Still, Bruce Schoenne of has a solution, one some brokers may say sounds too good to be true. read more

  • Broker: clients need 24 hours to read fine print by Donald Horne | 25 Feb 2013

    If a home is the biggest purchase clients will ever make, they should at least be given a chance to read the documents they’re asked to sign, says one industry veteran, pegging that interval at 24 hours. read more

  • Brokers as much to blame as banks? by Donald Horne | 22 Feb 2013

    A article detailing one man’s battle with TD over a $17,000 mortgage penalty generated a maelstrom of comments and criticism not only for lenders, but brokers. read more

  • Brokers to FSCO: breathe new life into AIR by Donald Horne | 22 Feb 2013

    Nobody likes homework, and the Annual Information Return can seem very much like it for principal brokers in Ontario, now facing a $1,000 fine if they fail to hand in that assignment before April 1. read more