Upgrades buff up Paradigm’s RUBI
The latest upgrade to Paradigm Quest’s underwriting and servicing system, RUBI appears to mirror the diversification trend taking hold from one end of the industry to the next.
Lender steps up to promote brokers
A mono-line lender is taking it upon itself to raise the public profile of mortgage professionals with a country-wide advertising campaign touting the benefits of independent broker advice over those of bank reps.
Eisner applauds Mauris might & O'Leary exit
He may be one of the industry’s most ardent supporters of the free market system -- and a former contestant on Dragons’ Den -- but a leading Calgary broker is thanking Gary Mauris for confronting Kevin O’Leary’s “supreme case of bad etiquette.”
O'Leary keynote axed
Brokers have spoken, and now CAAMP has listened, announcing Kevin O'Leary has withdrawn plans to address the Mortgage Forum.
DLC nixes sponsorship of O'Leary at CAAMP
Dominion Lending Centres has jettisoned plans to sponsor Kevin O’Leary’s appearance at CAAMP’s upcoming Mortgage Forum, its president citing the Dragon’s new mortgage business and the direct competition posed to brokers.
MorWEB deals set to challenge Expert
MorWeb is revving up to give Expert a better run for its money, the company behind the mortgage platform announcing revised deals with two of the channel’s biggest lenders.
Don Cherry, Dominion Lending hit the ice for kids' charity
Don Cherry is lending his star power to a brokerage's youth hockey game fundraiser today, an event aimed at raising money for a school meals.
Broker’s marketing campaign offers borrowers $1,000
In a creative and hopefully lucrative promo set to launch later this month, one mortgage broker proposes to hand out $1,000 to borrowers who present him with a mortgage offer he simply cannot better.
Brokers at par with banks on new mortgages - CAAMP.
Broker gripes aside, the new mortgage rules may have helped them grow market share, with CAAMP’s latest report suggesting brokers are now even Stephen with banks in terms of new mortgage originations.
Majority of Canadians managing mortgages well
More than two thirds of Canadians are “comfortable with their debt” and are able to pay down their mortgages, suggesting that the stringent lending rules introduced by the government this summer may have been unnecessary, according the annual report released by CAAMP this week.