DLC offers branded credit cards
Some say it’s a bad idea, other say it makes perfect sense. But last week, Dominion Lending partnered with Visa to become the country’s first mortgage company to launch its own branded credit card program.
TMG ranks 6th in top 20 companies to work for in BC
TMG The Mortgage Group Canada ranked number six among this year’s list of 20 best companies to work for in British Columbia compiled by BCBusiness Magazine.
Bank of Canada raises alarm on condo overbuilding
Those constantly multiplying construction cranes marring the downtown Toronto office window view could be harbingers of “severe economic shocks” for Canadians, according to the latest report from the Bank of Canada which raised warnings of overbuilding in the condo sector.
Paradigm Quest president in Canada’s top 100 most powerful women list
Kathy Gregory, founding president and CEO of mortgage services firm Paradigm Quest, was named by the Women Executive Network (WXN) as one of the country’s Top 100 Most Powerful Women for 2012.
Broker to CAAMP: Give up the mortgage-rule ghost
At least one broker is suggesting CAAMP – meeting with officials in Ottawa next week – needs to reconsider its position on tighter mortgage rules and embrace the long-term benefits of the revamp.
CIBC report confirms FirstLine revenue slide
CIBC’s annual report is now pegging a dollar figure to the closure of FirstLine, the move appearing to cost the bank $20 million in revenue for fiscal 2012.
Flaherty 'happy' about slowing market
Jim Flaherty’s reaction to a cooling real estate market may be the polar opposite of most brokers, with the finance head suggesting he’s “happy” about the slowdown.
CAAMP returns to Ottawa for talks
CAAMP leadership will be talking to bureaucrats and politicians in Ottawa early next week in yet another effort to raise the red flag on tighter mortgage and lending regimes.
Brokers turn to buydowns in slow market
One broker is getting candid about rate buy downs, offering 2.89 per cent on five-year fixed to any client who qualifies and arguing a slowing market has mandated the move.
Mortgage industry headed for national licensing: broker
A seasoned broker foresees and, indeed, welcomes the mortgage industry’s move towards a national licensing regime, pointing to the development of a regulatory council.