Report: brokers beef up renewals
CAAMP’s new spring report is the second this month to suggest brokers are growing their share of renewals against an onslaught of bank competition, with mortgage professionals handling 22 per cent of those transactions last year.
OSFI addresses broker's criticism
Broker criticism of OSFI’s proposed guidelines may carry little weight with the regulator, its policy head answering and, perhaps, dismissing concerns those changes go too far.
1 OSFI proposal likely DOA: insurer
The OSFI proposal limiting access to mortgages as Canadians march toward retirement is least likely to pass into “law,” the head of Genworth’s risk operations reassured brokers.
Brokers ain't lying down for OSFI
The federal regulator threatening to overhaul the guidelines lenders and brokers work under is now in receipt of the channel’s most exhaustive response to those proposals -- in short, a list of what ain’t broke and don’t need to be fixed, say brokers.
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.