The Big Story: Association overhaul
More and more brokers are asking what their associations are doing to earn their dues. The answer, reports Jemima Codrington, depends on whom you ask.
Murphy: Gov't may have jumped the gun
The one-two punch of this summer's mortgage rule and guideline changes may overwhelm the housing market, the president of CAAMP said during a national TV broadcast this week.
Brokers fight bank-controlled complaint system
Brokers are watching closely whether the government will allow Canadian banks to opt out of a federal arbitration system tracking and investigating systemic consumer problems.
Part-timer defends the controversial practice
A seasoned broker – now a part-timer – is defending that choice, challenging mortgage professionals who argue the industry has no place for him and a growing number of others.
CAAMP director answers criticism of board makeup
One of only a handful of active brokers on CAAMP’s board of directors is chalking up the limited representation to name recognition challenges and brokers themselves – often reluctance to take time away from their businesses.
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.
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.
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.
Murphy: Ontario could lose 1,830 brokers at re-licensing
Forget eight per cent.
CAAMP President Jim Murphy is suggesting Ontario could lose as much as 15 per cent of its brokers and agents with new re-licensing requirements, effectively erasing gains made since the last major cull.