Latest news

  • Brokerages demanding more-experienced agents

    Your rise up the corporate ladder may just have become steeper. New agents are increasingly finding brokerages that demand nothing less than two or three years’ experience.

  • 'Mortgage loan growth' to get cut in half, say analysts

    In terms of competition, brokers, you ain’t seen nothing yet. RBC is now forecasting mortgage loan growth will get cut in half over the next two years compared to last year’s 5.4 per cent.

  • Lenders using conferences to win face time

    The opportunity to mix and mingle with brokers at industry conferences such as The Mortgage Summit is increasingly important for lenders opting to go it alone without BDMs.

  • MorWEB/OTTO partnership takes brokers into the cloud

    When Marlborough Stirling went looking to improve its broker sales platform, MorWEB, the answer was written in the stars – or rather the cloud.

  • It is all about the effort

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • Credit Suisse scandal reinforces lending reticence

    A guilty plea entered by a former Credit Suisse Group AG trader relating to the alleged inflation of U.S. subprime mortgage bond prices only reinforces reluctance among Canadian lenders, and that is unwarranted, says one broker.

  • CRA clampdown highlights broker value-add

    The recent Canada Revenue Agency interest in people claiming their condos as homes instead of investment properties is long overdue, says one mortgage broker, also suggesting the crackdown illustrates the role brokers can play.

  • DLC scoring clients with playoff pool

    DLC opened registration for its NHL playoff hockey pool Monday, and it is proving a useful tool for engaging clients and bringing in new customers.

  • Brokering isn't a job - but a passion

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • CREA numbers for March drastically down

    Home sales were up slightly nationwide for the month of March, but remain well below levels recorded from a year ago, according to statistics released today by the Canadian Real Estate Association (CREA).