Latest news

  • Manulife and brokers officially partner

    Manulife has now completed acquisition of the channel’s largest creditor insurance provider, at the same time restating plans to expand broker business.

  • New regs for B.C's MICs and syndicates

    British Columbia is poised to remove exemptions for MIC and syndicate lenders that block implementation of national rules better protecting investors.

  • Will employment grow equal rate growth?

    Brokers worried stronger-than expected job numbers for December will spur the Bank of Canada into action may have it wrong, say economists, pointing to an otherwise sluggish economy and the continuing need for rate stimulus.

  • A 2013 forecast for brokers

    The verdict is in: 2013 may not be a great year for brokers, but it won’t be the worst.

  • Broker borrows 'look and feel' of rate sites

    A Toronto broker has taken a page from rate comparison sites, borrowing their look and feel to drive more online shoppers to his own rates -- and no one else's.

  • Happy New Year, BFS clients

    Ottawa's move to increase by $50-billion the amount of residential mortgages it will back through Genworth and Canada Guaranty may ultimately accrue to the benefit of alternative clients, suggest some brokers.

  • Broker: Tough training for tough times

    A brokerage owner wants peers to give the gift of tough love to agents next year, asking them to institute his brand of no-nonsense training – one that demands full and very punctual participation.

  • MA welcomes $200m brokerage

    Mortgage Architects is the latest to welcome a high-volume team.

  • Act review looks at road rep licensing

    That review of B.C.’s broker legislation includes a look at whether mortgage specialists should be rolled into the regs, effectively holding their feet to the fire alongside channel competitors.

  • Bank earnings climb with new originations approach

    National Bank's plans to bump up originations through "branch and mobile" forces doesn't appear to have hurt it in the short term, with the lender counting a 14-per cent hike in residential volumes for Q4.