Mortgage associations present recommendations to regulators
B.C.’s broker association has now formally presented recommendations to the Regulator's Council of Canada explicitly calling for bank representatives to fall under the same regulations as mortgage brokers.
Affordability gap continues to grow
The Royal Bank of Canada released its Housing Trends and Affordability report on Wednesday indicating slight deterioration of affordability across all Canadian regions; though not enough to create turmoil in the market.
Broker gives back to cause that once helped him
The holiday season is a time for giving and one industry leader is raising money for a cause that is very dear to his heart.
OSFI speech: Part 2
Part two of a two-part series highlighting the salient issues Dickson touched on.
OSFI head addresses brokers at CAAMP
“Today, I will cover OSFI’s perspectives on the residential mortgage market.”
Those are the words that many brokers have been waiting to hear. And on Monday Julie Dickson granted that wish when she addressed the attendees of CAAMP’s mortgage broker forum.
Canada Guaranty insurance now available through MCAP
Canada Guaranty announced Monday that its mortgage insurance products will now be available through MCAP; adding another selling point to the independent mortgage company’s repertoire.
Mortgage Brokers Ottawa/City adds to leadership team
Mortgage Brokers Ottawa/City announced Monday that it has hired Anisa Lancione to fill the role of Director – Alternate Lending. The position charges her with leading Advanced Private Lending, the private lending arm and sister company of Mortgage Brokers Ottawa/City.
Far out Friday: 10 craziest tweets from J.P. Morgan’s Q&A
Brokers who are active on Twitter may get a kick out of this. When a global financial services firm decides to host a “Twitter Q&A” what could possibly go wrong? Quite a lot it seems.
Brokers react to Poloz
In the wake of Stephen Poloz’s announcement that he believes Canada will avoid a housing bubble, brokers may agree but they are still wary of any future interference by Finance Minister Jim Flaherty.
Poloz: No bubble here
In what may be viewed as a bit of good news for brokers, the Governor of the Bank of Canada, Stephen Poloz, announced Thursday that fears of a housing bubble are unfounded and that the market is expected to achieve a soft landing.