Latest news

  • Brokers benefit from RBC blunder

    RBC’s decision to replace 45 employees with temporary foreign workers has generated outrage among the public – and, inadvertently, a promotional boon for mortgage brokers.

  • Helping people is in his blood

    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.

  • Street opens Calgary office in May

    Street Capital is opening an underwriting centre in Calgary this May, expanding their network from Toronto and Vancouver.

  • Restructuring reaps rewards

    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.

  • Unsecured debt hurting mortgage industry

    A recent CIBC survey showing the average homeowner expects to take an extra two years to pay off mortgage debt is the direct result of unfettered access for unsecured credit, say brokers, renewing calls for government action.

  • MCAP, brokers pay it forward in New Orleans

    A trip to New Orleans usually means partying in the French Quarter and Mardi Gras – but for brokers attending MCAP’s Habitat for Humanity summit this week, it was about paying it forward.

  • It all began with humble Kraft dinner

    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.

  • Low inventory means high pressure on brokers

    A low inventory Calgary market is creating a seller’s paradise in that city, and placing more pressure on brokers to push the paperwork through underwriting deals.

  • Who will be Broker of the Year?

    MortgageBrokerNews is kicking off a 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.

  • Refocusing on Realtor relationships post-refi boom

    Following the dramatic reshaping of the U.S. housing market, Wells Fargo is refocusing on building relationships with Realtors and moving away from refinancing – a move that brokers this side of the border have already found to be successful.