News

  • Cross selling bolsters client retention by Nestor Arellano | 15 Aug 2012

    A broker now selling insurance to boost his product mix says it has also strengthened his hold on clients. read more

  • 'Good news' for B.C. brokers by MBN | 15 Aug 2012

    It’s not exactly good news, but for struggling B.C. brokers, it comes close. read more

  • Fence-sitters in no rush to buy by Nestor Arellano | 14 Aug 2012

    Brokers are facing a growing number of pre-approvals as clients wait on a price correction, which, according to CMHC’s latest report, is unlikely to materialize. read more

  • HomEquity ups its broker referral compensation by Nestor Arellano | 14 Aug 2012

    In the face of increased competition from conventional lenders, HomEquity Bank has bumped up its broker referral fees by 30 per cent. read more

  • Low-rate competition turns broker heads by Vernon Clement Jones | 14 Aug 2012

    The country’s leading provider of reverse mortgages is blaming low-rate conventional loans for its 18-per-cent slip in originations during Q2. read more

  • CMHC sees moderate slowdown for 2013 by Nestor Arellano | 14 Aug 2012

    On the heels of a bank report predicting a significant slump, the CMHC now foresees only a “moderate slowdown” in the housing market for the rest of this year and next. read more

  • MAC brokers win GIC referrals by Nestor Arellano | 13 Aug 2012

    Mortgage Alliance is now widening the revenue stream of its brokers and agents, winning them GIC referral opportunities with a major lender. read more

  • Mortgage rules roil stock market by Vernon Clement Jones | 13 Aug 2012

    The aftershocks of the country’s new mortgage rules may extend well beyond the housing market and to Bay Street, according to market analysts reviewing the performance of the S&P/TSX. read more

  • Equitable Trust sees originations spike by MBN | 13 Aug 2012

    Equitable Trust experienced an originations rush in the second quarter, with new single-family mortgages up 65 per cent over the same period last year. read more

  • FirstLine BDMs to brokers: Thank you! by Vernon Clement Jones | 13 Aug 2012

    Now-former BDMs for FirstLine are thanking brokers for an overwhelming show of support as they continue with job searches in an increasingly “iffy” market. read more