ING transition to Scotia almost complete
With the transition of ING employees to Scotia, many have found employment elsewhere in the industry, despite a goal for 100 per cent placement within the major lender, says the former head of broker sales with ING, Kim Luxton.
Manulife, the mouse that almost roared
Manulife’s decision to reverse a 20 bps mortgage cut – only after a phone call from the ministry of finance – is drawing criticism from brokers, but also praise.
Broker a finalist in Kraft Canada hockey
Don Stoddart is always looking for business – but this weekend, he is also looking for votes.
RBC’s Rate Match no match for brokers?
Brokers are describing RBC’s newly launched Rate Match campaign in less than glowing terms, pointing out the exclusion of monolines as evidence of a broker’s skill at finding the best deal.
Choosing a broker pays $100,000
There is poetic justice in a woman winning $100,000 from the brokerage that secured her mortgage from the bank that originally turned her down.
Search for the best rate stressful, poll reveals
An ING survey suggests 59 per cent of Canadians find negotiating for the best rate the most stressful part of obtaining a mortgage – ironically, results that provide support for the mortgage brokers ING has now left behind.
CAAMP media crusade continues
CAAMP’s CEO Jim Murphy has taken his crusade for regulatory change to the airwaves and television, beating the drum for an easing of restrictions on first-time homebuyers.
Bleak 2013, better 2014 predicted for resales
CREA’s resale housing forecast is rather bleak for 2013 – but promises great things for 2014.
CREA numbers reflect a February slump
The February slump was felt nationwide, as CREA’s February home price index sales numbers edged back down 2.1 per cent compared to January, with actual activity plummeting 15.8 per cent compared to February 2012.
Low rates, B lenders feed broker success
A faith in rates and a thriving B lender channel is keeping a good slice of the pie available to mortgage brokers, says Joe Walsh.