News

  • Brokerage expands footprint as market slows by Vernon Clement Jones | 24 Jan 2013

    All brokerages should have this problem, with True North Mortgage pointing to business growth as the reason for opening its third location in Calgary, and, indeed, its ninth nationwide. read more

  • BoC Hints at Longer Wait for Rate Hike by | 23 Jan 2013

    In a move anticipated by most analysts, The Bank of Canada announced today that the overnight rate will remain at 1 per cent, suggesting it – along with variable rates -- won’t rise anytime soon. read more

  • Waiting list for rate site grows by Vernon Clement Jones | 23 Jan 2013

    At least one leading rate site is pointing to growth in the number of brokers now on its waiting list, suggesting a slowing market is partly responsible for the increase. read more

  • Another 10-bps elevation by Vernon Clement Jones | 22 Jan 2013

    Yet another channel lender is beefing up its compensation for brokers as the market slows and the race to win ING brokers heats up. read more

  • Here's one way to boost team morale by MBN | 22 Jan 2013

    If a CMA award can lift the profile of even the highest flying brokerage, it may have even more of an effect on its morale, says one of last year’s buoyant winners read more

  • Challenges ahead for commercial brokers by Vernon Clement Jones | 21 Jan 2013

    Residential brokers inclined to envy their commercial counterparts don’t: An increasingly meagre supply of properties will likely translate into fewer deals for them in 2013, outside of the harder-to-come-by new builds. read more

  • Want 10 bps more? by Vernon Clement Jones | 18 Jan 2013

    Brokers sure could use a little good news today, and MCAP -- with an extra 10 basis points in hand -- aims to provide it. read more

  • Ready, set, go, would-be brokers! by Vernon Clement Jones | 18 Jan 2013

    CAAMP will bring revamped broker education to Ontario by the end of February, announcing it has opened registration for the course it now takes over from a competing provider. read more

  • Luxton: We're 'commited' to help workers transition by Vernon Clement Jones | 17 Jan 2013

    ING Direct – and, indeed, Scotia -- is actively working to find placements within the two organizations for workers affected by the coming exit, says an exec now deluged with broker well-wishes. read more

  • Brokers: ING spoils up for grabs by Vernon Clement Jones | 17 Jan 2013

    It’s no dead certainty brokers will divert ING deals to Scotia, in fact, argue some, the spoils could go to monolines able to duplicate the lender’s star offerings. read more