Latest news

  • Teranet, NAS tools to boost B 20 compliance

    Brokers can look forward to faster risk assessment and valuation of loan applications they submit to lenders with the upcoming release of enhanced underwriting tools from online property search firm Teranet and appraisal management company National Appraisal Services that support OSFI’s new B20 guidelines.

  • O'Leary exec on angry brokers: 'I love it'

    Gary Mauris and others characterizing Kevin O’Leary as a direct challenge to the channel may have it right after all, with the president of O’Leary Ventures rejoicing in the “ruffled” feathers of “competitors” – i.e., brokers.

  • Brokers call for "collective" monoline ad campaign

    MonCana’s campaign to promote brokers has renewed calls for other mono-lines – as a group, this time -- to mount a nationwide blitz geared toward promoting the channel.

  • Mortgage broker complaints rise at biggest BBB

    Despite a slowing market, complaints against mortgage brokers, filed with the country’s largest Better Business Bureau region crept up this year.

  • Centum reaches out to O'Leary

    At least one broker network has extended an olive branch to Kevin O’Leary, suggesting the Dragon's team has now accepted that overture of goodwill.

  • 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    Brokers have spoken, and now CAAMP has listened, announcing Kevin O'Leary has withdrawn plans to address the Mortgage Forum.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.