Latest news

  • 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.

  • Are mortgage brokers approachable?

    Mortgage brokers are increasingly keen to hang onto their reputation as the “friendliest” financial services experts around, with community involvement still the preferred way to meet that objective.

  • Two new names for Brokers on Lenders survey

    This year’s Brokers on Lenders survey is poised to reach deeper into the channel than any before, with two key lenders finally garnering enough broker reviews to make it into the final ranking.

  • DLC adds new TV spot

    Dominion Lending Centres’ new TV spot features young girls talking about what their homes mean to them – a campaign acknowledging the power of women in home financing decisions.

  • Has Canada won its first broker-owned bank?

    With several brokers holding shares in the new parent company of MonCana, many are calling it Canada’s first broker-owned bank – something exciting brokers from one end of the country to the next.