Latest news

  • CAAMP's new Board of Directors announced

    CAAMP’s board of directors now includes two more practicing brokers, with the association introducing a total of six new directors at its annual general meeting in Niagara Falls Thursday.

  • AMP membership jumps

    Broker beefs aside, CAAMP realized a whopping 10 per cent jump in AMP memberships during its last fiscal year, according to data released this week.

  • Brokers: Lenders, cut us some slack

    A seasoned broker is encouraging channel lenders to relax their minimum volume requirements in the short-term, a way of helping an industry struggling to maintain originations even as the Canadian market cools.

  • Brokers: Time for mono-lines to eat refi fees

    It’s increasingly apparent all mono-lines will have little choice but to cover legal and appraisal costs for refis, argue leading Toronto agents, billing it as essential to satisfying clients – now inundated with no-fee offers from the banks.

  • Brokers head into growing market

    Brokers looking for a little more elbow room than their slow but competitive markets allow are now setting their sights on the province expected to lead economic growth this year.

  • Brokers wary of TD consolidation

    TD has moved to consolidate BDM services for its prime and alternative lending divisions – something brokers are worried could cost them future business.

  • REMIC re-licensing course ups the ante

    Ontario’s re-licensing race just got more interesting, with industry trainer REMIC introducing a course loaded with extras and for as little as $30 – an offer designed to challenge CAAMP’s own free online invitation to members.

  • Kelly Neuber joins Invis/MI

    Invis and Mortgage Intelligence announced that Kelly Neuber will be joining their senior management team as vice-president of marketing.

  • Lender questions the value of REDX

    A lender is joining brokers in questioning the industry’s use of REDX, arguing the system, meant to flag fraud, is too often misused by underwriters and other subscribers.

  • Specialist removes 'mortgage broker' from web name

    “TDmortgagebroker.com” – The website of a TD mortgage specialist – has now been removed after MortgageBrokerNews.ca queried the unlicensed use of that name.