Latest news

  • Sign of the times: Brokers seeing demand for job-loss insurance

    It’s the kind of validation brokers may be happy to do without. But one insurance provider is backing up their observations about more cautious clients, pointing to consistent broker demand for job-loss insurance even as the economy moves further out of recession.

  • Axiom names VP for Ontario

    Axiom Mortgage Partners has appointed Tony Roberts as the vice-president of Ontario and Eastern Canada.

  • Newbie Vancouver brokers go part-time as purchases slow

    The number of Vancouver brokers taking a second job outside the mortgage biz is on the upswing, say seasoned professionals, as the competition for a falling number of originations heats up and newbies find themselves without the established portfolios needed to grow referrals and refinances.

  • Gold-buying broker raises concerns

    Some brokers fear it may tarnish the industry’s reputation. But a business advertising broker services – at the same it hawks “cash for gold” – is focused on customer service, said the jeweler/mortgage professionals behind it.

  • Centum enhances professional training for agents

    Centum Financial becomes the latest broker network to up its professional development game, choosing industry trainer REMIC to help its agents expand their knowledge base as the market makes it tougher to nail down originations.

  • CAAMP President Makes Bold Statement in Australia

    CAAMP President Jim Murphy made a bold statement a...

  • Toronto brokers defy CMHC projections

    Toronto home sales – and, indeed, its brokers – are bucking CMHC projections for a “slower spring,” pointing to year-over-year growth more than doubt those conservative estimates.

  • HomEquity responds to broker compensation concerns

    A move by HomEquity Bank to lower the eligibility age for its reverse mortgages to 55 is set to increase broker originations by as much as 10 per cent, company president Steven Ranson told MortgageBrokerNews.ca, at the same time expressing confidence in the company’s current compensation structure for brokers.

  • Ord's contributions to MA 'recognized'

    The president of Pacific Mortgage Group is publicly acknowledging the contributions of Mortgage Architects founder Bob Ord, at the same time expressing confidence in the team and corporate “culture” he left behind.

  • Pacific Mortgage Group riding high on Profit

    One of the broker channel’s biggest players – Pacific Mortgage Group – is now looming large on the national scene, with PROFIT magazine naming it the second most rapidly expanding company in Canada.