Latest news

  • 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.

  • MAC 'Super App' expands lending options

    Mortgage Alliance is making it easier for brokers to access lenders, with the launch of a new “Super App” module for its MortgageBOSS. The one-step program allows brokers to input application details, electronically canvass top broker lenders for “the best fit” and, with the push of a button, send it off to one of those lenders.

  • REMIC helps build Habitat for Humanity

    REMIC – and the hundreds of Canadians it trains to become mortgage agents – is setting a course for philanthropy, kicking off a campaign focused on building the coffers of Habitat for Humanity.

  • Overheated markets push brokers to trailer fees

    As a hedge against a “very probable” correction in B.C. home prices, a leading broker is actively moving to trailer fees, a way of protecting income at renewal for high-ratio clients, who may ultimately find themselves under water.

  • True North Mortgage among PROFIT's 'Hot 50'

    Profit magazine has once again given the nod to True North Mortgage, naming the expanding brokerage to its annual ranking of Canada’s top new growth companies – a.k.a. its Profit HOT 50.

  • Mortgage Revolution takes on AMP designation

    The head of a national broker network – and the “Mortgage Revolution” – is ramping up lobby efforts to increase qualifying standards for the AMP designation, arguing the barrier to entry is simply too low to promote industry professionalism.