Move over BMO’s 2.99 “No Friller” mortgage: A new product – from an unlikely source – is the one making waves in the mortgage industry Tuesday.
The success of the annual CMP Canadian Mortgage Awards roared across Toronto’s Liberty Grand Friday with over 600 attendees recognizing the industry’s top players – among them an unprecedented number of repeat winners.
CMP’s Top 75 were unveiled – for the first time ever – live at the Mortgage Summit in Toronto on Thursday and the event is being heralded, by Vernon Jones, editor of CMP, as a great way to mark broker successes with the appropriate fanfare.
One broker reiterates the positives of the much-maligned – and increasingly popular -- collateral mortgage product.
The case of a recently deceased mortgage broker who is accused of committing fraud may trigger a shift among broker networks when it comes to allowing its brokers to operate independent MICs.
REMIC is offering a free two hour session to help mortgage brokers prepare themselves for the upcoming anti-spam law.
A new anti-spam law – that will require express consent of newsletter subscribers – will come into effect July 1, 2014 and brokers who currently disseminate newsletters are scrambling to become compliant. One broker offers his tips.
Opinion seems divided between incredulity and understanding among MortgageBrokerNews.ca readers after one broker’s deal was denied by a lender after disclosing his client’s pregnancy.
Industry players are calling for CAAMP to change a membership rule blocking individual brokers unless all their team signs up too.
Business has slowed for Quebec-based brokers as potential home buyers wait with bated breath for the result of its April 7 election before committing to stay in the province.