Latest news

  • Taxman after condo owners

    Brokers' condo buying clients need to get their legal paperwork in shape before selling up or they could face the wrath of the taxman.

  • Top 75 trend to continue?

    The number one position for the top 75 brokers by volume may be up for grabs again this year with the numbers strongly suggesting a new person – yet again – will end up with the highest funded volume.

  • Poll question: Would you charge a cancellation fee?

    Have your say: Would you consider charging a cancellation fee for rate site clients?

  • Mortgage Brokerage of the Year finalists announced

    This may be the one most brokers have been waiting for: CMP releases its finalists for the broker of the year awards.

  • Only 56 per cent of brokers have applied for license renewal

    Are we set for a major broker cull or are brokers just procrastinators? The latest data from the Financial Services Commission of Ontario (FSCO) points to a mere 56 per cent renewal rate among brokers leading up to the March 31 deadline to submit license renewal applications.

  • How to: Advise clients about bidding wars

    A broker is often a homebuyer’s first pit-stop on the way to home ownership but once that transaction is completed buyers may have to deal with the shark-infested waters that surround bidding wars. Here are some tips to pass on to your clients to better prepare them and build confidence.

  • Former Ontario broker faces 28 charges

    The Financial Services Commission of Ontario has charged a former licensed broker with 28 counts under the Ontario Mortgage Brokerages, Lenders and Administrators Act.

  • Newcomers to be honoured at CMAs

    The mortgage broker industry has its fair share of regular faces; the old guard who have been leaders for years. Each year, however, a new crop of up-and-coming, ambitious professionals emerge and some of them will take home Canadian Mortgage Awards for their efforts. These are our finalists in a number of “newcomer” categories.

  • Broker debate over Flaherty's legacy

    Brokers are of two minds following Finance Minister Jim Flaherty’s announcement Tuesday that he is stepping down; some commend his initiatives while others are happy to see him go.

  • Broker: 'Recalibrate' business model to survive

    One former CAAMP chair and head of one of the largest independent brokerages is warning brokers to “recalibrate” their business model or risk being left behind as the market changes.