Private insurers won't follow CMHC's lead
Phew! Genworth Canada and Canada Guaranty have decided not to follow in CMHC’s footsteps and change their programs for self-employed buyers. But is this only a temporary move?
Networks prepare brokers for anti-spam law
Networks – and at least one broker association -- are stepping up to help their broker partners prepare for the upcoming anti-spam legislation.
Condos may be shrinking out families
A lack of family-friendly condos are being built in Canada’s most populous city could be a problem, reports The Globe and Mail.
CMHC cuts to lead to privatization?
According to a Financial Post source, the CMHC's decision to cut two of its programs moves it one step closer to potentially privatize the crown corporation.
Brokers feel slighted by CAAMP article
A sponsored feature in the Globe and Mail by CAAMP President and CEO Jim Murphy has divided the industry; with brokers who are not AMP-designated feeling snubbed.
Last chance for Mortgage Summit tickets
Sometimes you get to encounter situations where you have a potential deal with a client and you know that it's almost good as sold. But then, the unexpected happens where the client starts to lose interest in the deal, especially if they think they found a better deal somewhere else. How do you deal with these kinds of situations?
CAAMP CEO extolls benefits of AMP in national paper
CAAMP CEO, Jim Murphy, is using a column in the country’s leading national newspaper to hawk the benefits of using brokers but more specifically – and more controversially – those of AMPs.
Profits up, claims down for mortgage insurer
First quarter profits are up while claims and defaults are down for one of Canada’s leading mortgage default insurers.
Homes becoming more affordable: Report
Canadian homes became more affordable in first quarter 2014, though affordability is still at a 25-year low, according to Desjardins’ Affordability index.
Bank bars broker from attaining financing for client
One broker is frustrated by a major bank’s refusal to allow him to work with any client who had previously inquired about a mortgage at the branch level.