Latest news

  • And the Top 10 brokers are...

    The top 10 brokers on this year’s CMP Top 50 Brokers list, really upped their game in 2010. Nine of them topped the $100-million mark, with the top three going over $200 million, including the No. 1 broker...

  • Gord Pipkey: a profile in success

    Most people would expect that a broker who does more than $260 million in volume in one year wouldn’t have much of a social life and perhaps would be in danger of burning out, but that’s surprisingly not the case for Gord Pipkey, this year’s No. 1 on the Top 50 Broker list.

  • Bozic: brokers need to embrace creditor insurance

    As brokers clamour for more ancillary products from channel lenders, Boris Bozic is suggesting they’ve largely failed to capitalize on one available to them for more than a decade: creditor insurance.

  • Williamson: Brokers beware of disintermediation

    Macquarie and Concentra may only have been the first, with broker trainer Greg Williamson identifying “disintermediation” as a growing industry trend. In common parlance that means lenders are looking for ways to cut out the middleman and beat a direct path to the customer.

  • CMP Top 50 Brokers list announced

    2010 was a good year for Canadian mortgage professionals. Just check the numbers.

  • Centum: Broker workshop to focus on consumer debt

    Runaway consumer debt: It’s not just the federal government’s concern, but also the focus of a mortgage workshop for brokers – set for Vancouver this fall and focused on ensuring brokers extend their utility beyond the transaction, say sponsors.

  • Brokers blessed with growth in 'church' deals

    The increased willingness of private lenders to fund church construction is taking commercial brokers to a whole new plane, as deals traditionally conceived and executed outside the broker channel come into the fold.

  • Coast Capital answers broker concerns about access

    A lender increasingly considered Vancouver’s rate leader is addressing broker concerns around access – in a number of cases only being won through co-brokering.

  • myNext moves to fill Macquarie/Concentra funding gap

    Lender myNext Mortgage Company is now extending its reach outside Mortgage Architects and MortgageBrokers.com to the rest of the broker channel, its CEO suggesting the move will help fill the funding gap left by two recent lender defections.

  • Feds: Brokerage name breaches Bank Act

    The owner of a successful brokerage known for fighting the Big Five will now change the firm’s name rather than face the possibility of a hefty fine or jail time over what the law suggests is a misappropriation of the word “bank.”