News

  • Sears Canada selects Mortgage Alliance by John Tenpenny | 16 May 2012

    This month will see one of Canada’s largest retailers offer its customers mortgages as part of a new financial arm and those mortgages will be managed by Mortgage Alliance Canada. read more

  • OSFI addresses broker's criticism by Vernon Clement Jones | 15 May 2012

    Broker criticism of OSFI’s proposed guidelines may carry little weight with the regulator, its policy head answering and, perhaps, dismissing concerns those changes go too far. read more

  • Rate sites moving beyond brokers by Vernon Clement Jones | 15 May 2012

    The rate comparison business ain’t necessarily what it used to be, with one of the industry’s biggest lead-generation sites now looking beyond mortgages to ordinary savings and chequing accounts. read more

  • Vancouver, Toronto trade places in housing market by | 15 May 2012

    In a reversal of fortunes from this time last year, Toronto is now driving real estate activity and prices, while Vancouver lags behind. read more

  • $25K penalty for broker raises concerns by Vernon Clement Jones | 14 May 2012

    Regulators are sending a caution to brokers prepared to fudge the truth for clients, fining one errant professional more than $30,000 for a lapse jeopardizing lenders, but also the industry’s reputation. read more

  • Brokers jockey to increase web presence by Vernon Clement Jones | 14 May 2012

    It`s 11 o'clock. Do you know where your website is? read more

  • Relationships, relationships, relationships by | 14 May 2012

    Relationships have always been important in the brokering business, but perhaps never more so, than now, with the advent of social media and competition with the banks, says one broker. read more

  • A lenders' loss is B lenders' gain by Vernon Clement Jones | 11 May 2012

    The mortgage gods were smiling on Equitable Trust in the first quarter, with single-family originations climbing 35 per cent – helped along, say brokers, by finicky A lenders. read more

  • Vancouver brokering is what? by Vernon Clement Jones | 11 May 2012

    B.C. brokers are as bullish on the future of the business as they are the beauty of their province. read more

  • New home prices edge higher by | 11 May 2012

    More fuel has been added to the fire, as talk of a Canadian housing bubble continues to gain momentum, with the latest data showing more home price gains. read more