With the news of West Face Capital Inc.'s lawsuit against Home Capital making the rounds, industry professionals don't think the former has much of a case, with one going so far as to call the litigation buyer's remorse
Meet our panel of expert judges for the upcoming Canadian Mortgage Awards
CMHC increased its risk fee to 3.25 per cent last week and one broker believes Canada’s independent insurers – and the brokers who deal with them – are poised to take advantage.
Brokers may be compelled to advise clients to opt for a smaller mortgage, following a warning that homeowners may be ill-prepared to handle impending interest rate hikes.
Teranet is now confirming the MortgageBrokerNews.ca report it will overhaul its controversial use of AMP records on the REDX system.
What's the strangest interview answer you've given or received? These employees prove that weird, off-the-cuff answer isn't always a negative.
Each year CMP and MortgageBrokerNews.ca highlight the charitable endeavours of brokers across the country. In the first of this year’s series, we highlight one network head and his anti-bullying campaign, “I Am Someone.”
Brokers across the country can now exhale, with the Bank of Canada providing what could well be the best guess on what 2014 has in store for the industry.
CMHC has now moved to reassure broker networks that new and controversial "risk fees" pose no threat to mortgage funding -- that despite growing fears.
Many of Canada’s big banks offer clients the opportunity to skip payments on their mortgages. While this can work to their advantage, mortgage brokers are not big fans of strategy.
Globe & Mail sources report that Genworth and Canada Guaranty are encouraging the Canadian government to raise CMHC premiums. What effect will this have on clients and the brokering industry as a whole? Not much, says one player.