Latest news

  • 'Escalating lender incentives' for Realtors troubling, say brokers

    The apparent escalation of lender incentives for Realtors is raising broker concerns around disclosure and the potential dangers for clients.

  • Haditaghi explains CEO search

    Company founder Alex Haditaghi personally identified Ron Swift as the man to lead Pacific Mortgage Group to the “next level” as far back as eight months ago, he told MortgageBrokerNews.ca, with his decision to step down from the CEO post, in fact, ending a year-long search.

  • Swift takes over from Haditaghi

    Ron Swift is moving into the captain’s chair of Pacific Mortgage Group, leaving lender MCAP.

  • Sale-leaseback: Here, I come to save the deal!

    It’s a solution many A clients struggling to come up with a down payment may have overlooked. It’s also one with the potential to expand broker revenue streams, said a DLC leasing specialist, pointing to the sale-leaseback transaction.

  • Broker: Industry set to double number of CFP/mortgage brokers

    A CFP/broker is predicting the mortgage industry will more than double its number of dually-certified professionals in the next five years as brokers look to differentiate themselves from the madding crowd and broaden their usefulness to clients.

  • Trainer: Industry not doing enough to attract talent

    Enrolment numbers for a program focused on training new agents may be a wakeup call for an industry fighting to grow market share, said its developer.

  • CAAMP chair answers AMP critics

    CAAMP’s chair is acknowledging, and even welcoming criticism of the AMP designation, and its qualifying standards, at the same time pointing to real progress – past and present – in strengthening it.

  • Brokers on Lenders Survey: The results are in

    Brokers’ opinions of lenders have undergone some changes over the past year and they are reflected in the results of CMP’s 5th annual Brokers on Lenders Survey.

  • Broker: Time for channel to help subprime orphans

    Broker channel associations and lenders must lobby government on behalf of homeowners effectively orphaned by fleeing subprime lenders and blocked from switching to A lenders because of the new refi rules, said a mortgage professional grappling to keep borrowers in their homes.

  • Brokers: More mortgage rule changes may be necessary

    A surprising number of brokers are echoing the sentiments of a leading bank economist, suggesting the government would and should ratchet down mortgage rules yet again – but only if consumer debt levels creep back up and only if they’re phased in.