Latest news

  • Ottawa ‘Condo Queen’ fined, suspended

    The censure of a high-profiled Realtor is offering a cautionary note to agents and brokers working with "stringer agents" and operating outside the auspices of a brokerage.

  • Brokers defends position on representing private lenders

    It may go against the grain of many brokers, but one seasoned mortgage professional makes it clear to borrowers that he represents the lender in private deals and not, in fact, them.

  • Top 5 tips for turning up leads

    With reports from all fronts pointing towards a market slowdown, seasoned brokers are offering newbies some of their tried-and-true strategies for turning up leads during a slump.

  • HOMEQ promo eliminates closing fee

    The channel’s leading reverse mortgage provider is sweetening the pot for brokers and their clients by suspending closing fees on its five-year product indefinitely.

  • Broker to broker: Know your investor's risk tolerance

    Having a clear idea of a private lender’s risk tolerance will help brokers maintain increasingly vital relationships at a time when the tight market has made those investors a hot commodity, according to a seasoned broker.

  • Brokers cautioned on private lenders

    One broker is cautioning colleagues on private lenders, which are gaining popularity among borrowers shut out from banks by the new mortgage rules.

  • B-20 makes brokers ‘sexy’

    B-20 formally came into full-effect this week, but some mortgage brokers report they have learned to live with the stricter underwriting guidelines from OSFI months ago and have even put a positive spin on it.

  • Why Vancouver brokers struggle to grow immigrant client numbers

    Vancouver mortgage brokers who focus on immigrant buyers may disagree, but a recent survey by Angus Reid suggests two things are limiting their revenue horizons: prices and perceived West Coast aloofness.

  • Instructor calls for course overhaul under CAAMP

    A former instructor of Ontario’s mortgage broker course hopes the program – now to be delivered by CAAMP -- will feature revised course content rather than a rehash of what had been offered to agents in the past.

  • Xceed Halloween treat for brokers

    It’s a treat, not a trick as Xceed Mortgage extends for two more months the bonus commission promo on one of its five-year mortgage product.