News

  • Investment clients remain strong for brokers by Donald Horne | 13 Mar 2013

    Some brokers are finding investor clients a safe harbour in the stormy sea of predictions for the housing market. read more

  • Focus on refis, not first-timers by Donald Horne | 12 Mar 2013

    Instead of focusing on first-time buyers, CAAMP should push Ottawa on refinancing restrictions, says one industry vet, reacting to news the association has now tailored its lobby efforts. read more

  • TD report balances gloomy housing predictions by | 12 Mar 2013

    According to a new report from TD Economics, brokers need not worry about the housing market crashing over the next ten years. That said, it isn’t pegged to perform admirably, either. read more

  • Mortgages before March break by Donald Horne | 12 Mar 2013

    Sorry, kids. Brokers are gladly forsaking March Break vacation to capitalize on the return of first-time buyers to a flagging housing market. read more

  • Toronto condo market carrying housing starts by Donald Horne | 11 Mar 2013

    Slumping February numbers for housing starts nationwide in no way reflected the spectacular growth shown in Toronto. read more

  • D+H: Lawsuit without merit by Donald Horne | 11 Mar 2013

    D+H is vigorously denying the allegations of a potential class action suit yet to prove it transmitted personal information to a creditor insurance provider without client consent. read more

  • Grow-op registry only alienates lenders by Donald Horne | 11 Mar 2013

    A bill to establish a marijuana grow operation and clandestine drug laboratory registry in Ontario will only stigmatize properties and punish consumers, says one mortgage agent. read more

  • Big lenders will follow BMO bandwagon by Donald Horne | 08 Mar 2013

    BMO’s posted 5-year-fixed rate of 2.99 is nothing new, says True North’s CEO Dan Eisner; still other major lenders will be quick to follow suit despite warnings from federal finance minister Jim Flaherty of a potential rate war. read more

  • Industry vet: Fraudster's sentence hurts brokers by Donald Horne | 08 Mar 2013

    Nova Scotia veteran Richard LeBlanc is upset that a convicted mortgage fraudster has been handed what he terms a slap on the wrist, a lenient sentence that threatens to tar all brokers with the same brush. read more

  • Assoc. prez: Federal regulation won’t 'turn' CUs by Donald Horne | 07 Mar 2013

    Mortgage brokers shouldn’t worry that credit unions opting for federal regulation will morph into big, bad banks, says the head of one industry association. read more