• B.C. brokers win Oprah spotlight by Vernon Clement Jones | 24 Jan 2012

    A team of Vancouver mortgage brokers is giving the industry a PR boost, at the same time helping a community get its financial act together for a new reality show on Oprah’s OWN network. read more

  • Broker to goverment: Show first; tell later by Vernon Clement Jones | 24 Jan 2012

    The government would need to furnish default statistics to justify any move to lower the loan-to-value cap for self-employeds seeking default insurance, said one leading Ontario broker, at the same time media reports suggest the feds are indeed moving in that direction. read more

  • FSCO to brokers: No extension of re-licensing deadline by | 24 Jan 2012

    The deadline for Ontario mortgage brokers to re-new their license is fast approaching and the provincial agency charged with overseeing the process is reminding brokers that there will be no extensions. read more

  • 10-min. max on a lead: top broker by Vernon Clement Jones | 23 Jan 2012

    With an increasing number of brokers moving to increase the time they spend with a lead – a way of courting business in a slower sales environment – a high-volume broker is cautioning them to limit that time to no more than 10 minutes, and not the two or three hours even some veterans now allow for. read more

  • Canada affordable, Vancouver not so much: housing survey by | 23 Jan 2012

    Canada is a very affordable place to own a home – it just depends where you buy. read more

  • There's a new 4-yr fixed in town by Vernon Clement Jones | 20 Jan 2012

    Upstart lender Radius has moved to flesh out its product offering, adding aggressively priced 1-, 2- and 4-year terms – meant to help brokers better compete in the fixed-rate wars. read more

  • RBC may be IFRS-proof by Vernon Clement Jones | 20 Jan 2012

    Those new accounting rules that proved so onerous for mono-lines have actually boosted the recorded earnings for RBC, the biggest of the Big Five said Friday. read more

  • T.O. tops in economic growth by | 20 Jan 2012

    Toronto’s economic growth – helped along by a booming real estate sector – has once again topped the chart for Canadian cities, as measured by CIBC. read more

  • Top broker: ALL brokers will need to buy down by Vernon Clement Jones | 19 Jan 2012

    Most seasoned brokers object to buying down rate, but they, like everyone else, will soon have to get over it, says one of the industry’s most successful professionals. He has. read more

  • Time to standardize penalty calculations, say brokers by Vernon Clement Jones | 19 Jan 2012

    Lenders should be limited to a standardized menu of penalty calculations to avoid the kind of client confusion leading to a class-action suit against CIBC, said one veteran mortgage professional. read more