News

  • Vancouver becoming a buyer's market? by | 04 May 2012

    Vancouver seems to be headed towards becoming a buyer's market, as new listings are on the rise and sales decline. read more

  • Top 50 brokers turn teachers at the Mortgage Summit by CMP | 03 May 2012

    Niche brokering. It’s a lesson many mortgage professionals are anxious to learn and now there are five of the CMP Top 50 willing to teach it at this month’s Mortgage Summit. read more

  • 1 OSFI proposal likely DOA: insurer by Vernon Clement Jones | 03 May 2012

    The OSFI proposal limiting access to mortgages as Canadians march toward retirement is least likely to pass into “law,” the head of Genworth’s risk operations reassured brokers. read more

  • Single-detached home sales drive Toronto prices higher by | 03 May 2012

    Driven by single-detached homes, sales and prices in the Greater Toronto Area increased from April 2011 levels. read more

  • Lenders dangle carrots in drive for efficiency by CMP | 02 May 2012

    Brokers are increasingly being judged by the efficiency of their work and not just the funded volume of their labour, with two channel players formally updating reward programs to better reflect that metric. read more

  • Brokers ain't lying down for OSFI by Vernon Clement Jones | 02 May 2012

    The federal regulator threatening to overhaul the guidelines lenders and brokers work under is now in receipt of the channel’s most exhaustive response to those proposals -- in short, a list of what ain’t broke and don’t need to be fixed, say brokers. read more

  • Most brokers happy with their brokerage, early poll results reveal by | 02 May 2012

    Are brokers happy with their current brokerage? What will be the biggest change in the industry over the next 12 months? These are just a couple of the topics being covered by CMP’s annual Broker Sentiment Poll. With just under a month left to complete the survey, brokers are already making some important statements with the poll. read more

  • Mortgage specialist: Grass isn't greener on broker side by Vernon Clement Jones | 01 May 2012

    One of Ontario’s leading mortgage specialists is setting the record straight for brokers, laying out his argument for why the bank increasingly provides the best of both worlds for aggressive entrepreneurs looking to maximize their funded volume. read more

  • Invis/MI mortgage goes national by Vernon Clement Jones | 01 May 2012

    Invis/Mortgage Intelligence is now rolling out its “Partner Mortgage” across the country, that step coming at the tail-end of a five-month pilot. read more

  • HOMEQ makes the case for sale to shareholders by | 01 May 2012

    HOMEQ Corporation, Canada’s only reverse mortgage provider, is pulling out all the stops to ensure that shareholders approve the company’s sale to a private equity firm. read more