• Road reps borrow 'broker' name by Vernon Clement Jones | 17 Sep 2012

    “For ease of use” some road reps are casually calling themselves “mortgage brokers who work for banks” to better "explain" their role to clients, one told, arguing the practice is harmless. read more

  • Downside of low rates present opportunity by Nestor Arellano | 17 Sep 2012

    The low-interest-rate environment enticing many homeowners to switch mortgages is a perfect opportunity for brokers to coach their clients on how to avoid steep penalties. read more

  • CREA forecast darkens broker prospects by Vernon Clement Jones | 17 Sep 2012

    The future for Canada’s housing market won’t be nearly as bright as the Canadian Real Estate Association had earlier predicted, the organization now slashing its forecasts for this year and next. read more

  • Brokers laud Street Capital’s charter quest by Nestor Arellano | 14 Sep 2012

    It may be still two years away, but some brokers believe Street Capital’s chartered bank status ambitions are a step in the right direction. read more

  • Vanishing options a big issue for brokers by Nestor Arellano | 14 Sep 2012

    Early poll responses to the 2012 CMP Brokers on Lenders survey suggest brokers are concerned about the loss of product options and the cookie-cutter approach of conservative lenders. read more

  • Canadian housing shifts into low gear - Scotia by Nestor Arellano | 14 Sep 2012

    Difficulty in getting credit and job loses have taken their toll on Canadian’s home purchasing desires, according to the Q2 Global Real Estate Trends report by Scotiabank. read more

  • Tit for tat: Let's call ourselves 'mobile specialists' by Nestor Arellano | 13 Sep 2012

    What goes around should come around, argues one broker. Specifically, if road reps can casually refer to themselves as mortgage brokers, then mortgage professionals should perhaps consider calling themselves mobile mortgage specialist. There may in fact be a real benefit to that name change. read more

  • Realtors cry foul over MLS criticism by | 13 Sep 2012

    Misinformation and stereotypes are painting an inaccurate picture of real estate agents’ use of the Multiple Listing Service, according to Realtors. read more

  • Street Capital takes bank charter route by Nestor Arellano | 13 Sep 2012

    Mortgage brokers can still count on the Street Capital products that they have been using for years even if the the mono-line`s application for a Schedule 1 bank gets approved, according to the lender. read more

  • Montreal condo market slips by Mark David | 12 Sep 2012

    For the first time since 2008, average prices of condos in the Greater Montreal Area tumbled, due largely to tougher mortgage rules and an increase in the amount of inventory, according to a recent report from the Greater Montreal Real estate Board. read more