With the news of West Face Capital Inc.'s lawsuit against Home Capital making the rounds, industry professionals don't think the former has much of a case, with one going so far as to call the litigation buyer's remorse
A course focused on teaching industry basics to new mortgage brokers in Nova Scotia has more than doubled its enrollment as the province faces growing pressure to attach an educational component to its licensing standards.
A broker working Whitehorse and other Territorial hot spots is blaming a whopping 30-per cent drop in originations on the growing reluctance of channel lenders, the increasing dominance of the big banks and the population’s transient nature.
Buck up, brokers. By one industry veteran’s calculations, the channel has actually gained – not lost – key market share in the difficult years following the subprime collapse.
A slowing, yet increasingly competitive Canadian market will not only cull the number of new entrants to the broker industry but thin the existing ranks by as much as 5 per cent, a veteran mortgage professional told MortgageBrokerNews.ca.
Canadian First Financial Centres will now extend its financial and insurance advisory services to retail brokers outside of the dedicated in-house model it launched in 2009.
It may soon be the 21st-century equivalent of a business card, but an Alberta broker is one of the industry's first to pull his very own app from the proverbial back pocket.
A new CAAMP poll suggests that brokers are at best maintaining their share of Canada’s mortgage business and at worst…
A rapidly-expanding Dominion Lending Centres is fending off criticism that too much of its growth is the result of brokerages migrating from competing networks.
While tougher mortgage rules have rekindled interest in condos, rising fees coupled with first-time buyer fears have limited the ability of brokers to capitalize on it.
A St. John’s brokerage is duplicating the organizational structure of non-bank lenders, replete with BDM and underwriter.