Dominion Lending Centres news

  • CAAMP knew O'Leary Mortgage's plans says exec

    CAAMP knew for weeks that Kevin O'Leary was entering the mortgage business, the head of his new venture told MortgageBrokerNews.ca Friday, at the same time mending fences with mortgage professionals.

  • Home ownership more affordable but channel sees little action

    Despite improving home ownership affordability nationwide, the new lending realities have put less Canadians families under a new roof, according to brokers.

  • Do you want a credit card with that?

    A credit card branded with a broker network’s name? Bad idea, say some brokers, but not John Dearin, he and thousands of others welcomes this latest development.

  • O'Leary keynote axed

    Brokers have spoken, and now CAAMP has listened, announcing Kevin O'Leary has withdrawn plans to address the Mortgage Forum.

  • DLC nixes sponsorship of O'Leary at CAAMP

    Dominion Lending Centres has jettisoned plans to sponsor Kevin O’Leary’s appearance at CAAMP’s upcoming Mortgage Forum, its president citing the Dragon’s new mortgage business and the direct competition posed to brokers.

  • Don Cherry, Dominion Lending hit the ice for kids' charity

    Don Cherry is lending his star power to a brokerage's youth hockey game fundraiser today, an event aimed at raising money for a school meals.

  • Borrowers not interested in bumping up line of credit

    Initial interest on credit unions offering HELOCs with a higher LTV than what OSFI mandates appear to have died down as some brokers report that borrowers appear satisfied with current mortgage rates offered by banks and other lenders.

  • ING moves against pooling abuses

    ING Direct's move Tuesday to introduce a pooling cap meant to increase efficiency is already drawing positive reviews from brokers favouring those restrictions to commission cuts.

  • The Big Story: Doable diversification

    Diversification may be on the lips of every broker in Canada, but actually accomplishing it takes more than talk, reports Jemima Codrington. It takes action.

  • CAAMP course fees ignite broker reaction

    CAAMP will reveal exact fees for its upcoming Ontario mortgage broker course next month, but some members outside the country’s largest market are calling on the association to equally subsidize all province-specific courses.