News

  • Association arms brokers for a fair fight by Donald Horne | 24 Apr 2013

    The Mortgage Brokers Association of B.C. is following its Ontario counterpart in offering member coverage for legal services in the event of an investigation by FICOM or a CRA audit. read more

  • Medicine's loss is the channel's gain by CMP | 24 Apr 2013

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto. read more

  • Breathing life back into the B.C. market by Donald Horne | 23 Apr 2013

    Guaranteeing value for nervous West Coast homebuyers has transformed a market mired in a glut of inventory into the goose that laid the golden egg for one B.C. broker. read more

  • The cost of blind faith in a bank by Donald Horne | 23 Apr 2013

    The case of an ill woman coming close to losing her home because of a bank oversight has highlighted the value-add of brokers over branch representatives, argue channel veterans. read more

  • Broker: FSCO to blame for channel mediocrity by Donald Horne | 23 Apr 2013

    Probably 75 per cent of brokerages are operated by unsuccessful mortgage professionals, and that can be laid at the feet of FSCO, says one broker. read more

  • Debt, housing and economy will factor in rate increase by Donald Horne | 22 Apr 2013

    Bank of Canada Governor Mark Carney is looking for more substantial economic growth before hiking his the Overnight rate; but he is also factoring in the housing market and personal debt before making any decision. read more

  • Strength in the face of adversity by CMP | 22 Apr 2013

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto. read more

  • FSCO getting tough on compliance by Donald Horne | 22 Apr 2013

    FSCO is vowing to crack down on brokerages not following the rules and in the coming months will start with the mandatory policy and procedures manual. read more

  • CMHC to brokers: Ontario market ready to grow by Donald Horne | 19 Apr 2013

    All the hype about Alberta’s real estate market may soon be relegated to the past. A regional economist with CMHC is expressing new optimism that it’s really Canada’s most populous province poised for market growth, after a year of “orderly adjustment.” read more

  • Brokers benefit from rate site, says Mangaroo by Donald Horne | 19 Apr 2013

    The real service rates sites offer brokers, says the head of one of the country’s leading web portals, is introducing consumers to their services – and not just the rock-bottom rates they advertise. read more