Latest news

  • To tweet or not to tweet; for brokers, that is the question

    He may have over 14,000 Twitter followers, but Jessi Johnson of Verico mortgagebrokerteam.ca has scaled back on his Twitter activity – now convinced it's a lackluster business development tool.

  • Brokers buoy B lender

    Equity Financial Trust’s decision to focus on mortgages has been a good move, with the release of its second quarter numbers hinting at the growing popularity of B business in the wake of ever-tightening lending rules.

  • Underwriter's background paves the way?

    Do you know where your dedicated underwriter comes from? It could in fact make a difference, argues one broker pointing to the benefits of dealing with former employee of a mortgage insurer.

  • Monolines best banks once again, say brokers

    While banks increasingly position themselves as the only real solution for new immigrants seeking mortgages, brokers still believe monolines offer the most competitive options for new Canadians.

  • Which broker has the most Klout

    Klout claims to be the standard of measuring a person’s influence in the social media realm and one mortgage broker has used it to create a Top 45 list of broker players leading the pack.

  • Brokers to Jim Flaherty: Don't get any ideas...

    Brokers warn the federal government not to read too much into the July spike in home sales, specifically the 9.4 per cent rise highlighted in the latest Canadian Real Estate Associate (CREA) report.

  • A different tack for self-employed clients

    Brokers continue to vent their frustration over securing mortgages for self-employed clients, but are increasingly directing them to write off less of their income, among other successful strategies.

  • July sales defy gravity, Flaherty

    July home sales are backing up industry boasts, with new CREA numbers confirming a 9.4 per cent rise from the same month last year.

  • UPDATED: Broker points to cancelled preapprovals

    UPDATED: At least one monoline appears to have cancelled pre-approvals written before the CMHC announcement last week, said one broker, raising concerns that other lenders will follow suit.

  • Who would really be the No. 1 broker?

    Last year’s No.1 on the Top 75 Broker list removed himself from the running this time around but believes, contrary to growing speculation, he would come out on top even if the criteria were altered to focus on profitability.