News

  • MA welcomes $200m brokerage by Vernon Clement Jones | 19 Dec 2012

    Mortgage Architects is the latest to welcome a high-volume team. read more

  • Act review looks at road rep licensing by Vernon Clement Jones | 18 Dec 2012

    That review of B.C.’s broker legislation includes a look at whether mortgage specialists should be rolled into the regs, effectively holding their feet to the fire alongside channel competitors. read more

  • Bank earnings climb with new originations approach by | 18 Dec 2012

    National Bank's plans to bump up originations through "branch and mobile" forces doesn't appear to have hurt it in the short term, with the lender counting a 14-per cent hike in residential volumes for Q4. read more

  • Alberta brokers opt for alternative complaint resolution by Nestor Arellano | 17 Dec 2012

    The Real Estate Council of Alberta is pleased with the progress of a voluntary resolution process for minor consumer complaints against brokers, which the council launched a little over a year ago. read more

  • Slow November suggests 'cold' winter for brokers by Vernon Clement Jones | 17 Dec 2012

    National home sales fell 12 per cent last month, compared to November 2011, according to new stats, suggesting brokers across most of the country face a colder winter than last year's hot market. read more

  • Brokers to double down on databases, refis, social net for 2013 by Nestor Arellano | 14 Dec 2012

    Brokers are looking to double their efforts in mining client databases, experimenting with social media and chasing refi business to ring in more revenues in 2013 even as the housing market continues to cool down. read more

  • CAAMP lobbies on by Nestor Arellano | 14 Dec 2012

    Fresh from meeting senior officials in Ottawa, CAAMP's leadership this week promised to continue lobbying the government during its pre-budget consultations. read more

  • Borrowers reminded of flexibility amid fixed-rate fever by Nestor Arellano | 13 Dec 2012

    Outgoing Bank of Canada Governor Mark Carney may be delighted that consumers are heeding his warnings and have been flocking to fixed-rate mortgages in record numbers, but one broker is advising borrowers to pick shorter term mortgages because they offer greater flexibility. read more

  • MortgageBOSS beefs up with three upgrades by Nestor Arellano | 13 Dec 2012

    Integration with CMHC’s Emili, automated communications and enhanced transaction analysis capabilities are three new upgrades to Mortgage Alliance’s origination software, MortgageBOSS. read more

  • Brokers glad market on ‘sustainable path’ by Nestor Arellano | 11 Dec 2012

    Call it a slowdown, soft-landing or a correction, some mortgage professionals are just glad 2012’s rough ride is nearly over and as one major bank puts it, the industry is headed on a “sustainable path.” read more