Flaherty: Don`t blame the rule changes
Many brokers will respectfully disagree, but Finance Minister Jim Flahery and his deputy say it’s too early to judge the impact of the government's mortgage rule changes, even despite the accelerated slowdown sincer their introduction.
Is MortgageBrokerNews.ca nixing anonymous comments?
If you’re one of our many readers riled by anonymous comments on MortgageBusinessNews.ca, take cheer: a Conservative MP wants to outlaw the practice.
CAAMP to provide broker ed program
The Financial Services Commission of Ontario has named CAAMP as the sole provider of the mortgage broker education program in the province for the next four years, even as some brokers express the desire for multiple course providers.
Call centre competing with brokers?
One network’s plans to use a rate site to drive business to its call centres – with an eye to passing it along to its members – may be short-sighted, said one leading mortgage professional.
Brokers give banks more bang for their buck
Two brokers are articulating a very dollars-and-cents argument for why mortgage professionals continue to represent real cost savings for big banks – that despite Scotia’s take-it-leave-it approach to commission cuts.
Invis/MI partners with rate comparison site
Invis/MI has partnered with Kanetix Ltd., one of Canada’s top insurance and mortgage rate sites, in a bid to grow warm Internet leads for its brokers.
Broker network video goes viral
Mortgage Alliance’s marketing team may have a lot of reason to dance these days. A promotional video featuring exuberant borrowers busting a move in celebration of their mortgages has gone viral.
Manulife and mortgage brokers become partners
Brokers will effectively move closer to one of the country’s largest insurance companies, with its purchase of the industry' s largest creditor insurance player.
Scotia to brokers: commission cut is 'growth opportunity'
Brokers are scratching their heads over comments from a Scotia exec suggesting they view the commission cut as “a growth opportunity."
Rate transcends network lines
An increasing number of brokers seem prepared to cross “network lines” to get to new lenders, with agents outside the Pacific Mortgage Group expressing interest in Radius’s 2.94 per cent offer.