Latest news

  • Non-compete clause opened the door to success

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • What brokers need to know about 'gift letters'

    A new court ruling about gift letters is offering brokers some expert advice they can pass along to clients, although they may want to do so on the QT.

  • O’Leary Mortgages open for business

    Dragon Kevin O’Leary has now fired up his new brokerage with a soft launch and plans to ramp up during the summer for an official opening in the fall.

  • Notary suspension offers lesson for brokers

    The suspension of a Vancouver notary over possible mortgage irregularities underlines the need for brokers to uphold standards of professionalism and integrity, says MBABC CEO Samantha Gale.

  • A deal killer brokers can overlook

    Too many mortgage brokers are missing the biggest deal killer out there, says one Vancouver broker, and it can be easily avoided with one simple conversation.

  • At first a broker by chance, now by choice

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over.

  • More than 1 in 10 brokerages without E&O

    More than 10 per cent of Ontario brokerages are operating without the errors & omissions insurance required by the industry’s governing act, according to FSCO.

  • HELOC success? Depends who you ask

    HELOCs and Lines of Credit have all but dried up for some brokers, while others continue to rely on them for their bread and butter.

  • Population growth will cure housing market: analyst

    The only sure cure for Ontario’s sagging housing market is more people moving into the province, a CMHC analyst told brokers last week.

  • HELOCs, lines of credit at virtual standstill

    Growth in HELOCs and other lines of credit have slowed to a virtual standstill, according to a new report from Equifax, suggesting brokers looking for real growth in that segment face increasing disappointment.