News

  • Appraisal demands undermine brokers by Vernon Clement Jones | 10 Apr 2013

    An increasing number of brokers are seeing exponential growth in the number of deals mortgage insurers are sending back for appraisal, a move they argue is costing clients valuable time and possibly themselves valuable credibility. read more

  • Broker: BMO report “whistling Dixie” by Donald Horne | 10 Apr 2013

    Tuesday’s BMO report on first-time homebuyers paying an average $48,000 down on a $300,000 home is unrealistic, says one Barrie broker. read more

  • Broker creates webpage for unhappy RBC clients by Donald Horne | 10 Apr 2013

    One broker is leaving nothing to chance amid the RBC public relations fiasco, creating a web page showing people how to switch their mortgage from the embattled bank to another lender. read more

  • Brokers benefit from RBC blunder by Donald Horne | 09 Apr 2013

    RBC’s decision to replace 45 employees with temporary foreign workers has generated outrage among the public – and, inadvertently, a promotional boon for mortgage brokers. read more

  • Helping people is in his blood by CMP | 09 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

  • Street opens Calgary office in May by Donald Horne | 09 Apr 2013

    Street Capital is opening an underwriting centre in Calgary this May, expanding their network from Toronto and Vancouver. read more

  • Restructuring reaps rewards by | 08 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

  • Unsecured debt hurting mortgage industry by | 08 Apr 2013

    A recent CIBC survey showing the average homeowner expects to take an extra two years to pay off mortgage debt is the direct result of unfettered access for unsecured credit, say brokers, renewing calls for government action. read more

  • MCAP, brokers pay it forward in New Orleans by Donald Horne | 05 Apr 2013

    A trip to New Orleans usually means partying in the French Quarter and Mardi Gras – but for brokers attending MCAP’s Habitat for Humanity summit this week, it was about paying it forward. read more

  • It all began with humble Kraft dinner by MBN | 05 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