Mortgage broker course gets low marks
Mortgage broker education in Ontario has devolved to a series of subjects focused on developing administrative proficiency rather than beefing up brokering skills, according to a mortgage professional and instructor for the provincially mandated course.
Equitable Trust sees originations spike
Equitable Trust experienced an originations rush in the second quarter, with new single-family mortgages up 65 per cent over the same period last year.
To be or not to BDM
As brokers grapple with a slowing market, many are finding relationships with BDMs are also in flux. As Vernon Clement Jones finds out, that may be by design
Equitable Trust investigates $14m in loans for fraud
Equitable Trust’s parent company is now investigating suspected fraud relating to four loans carrying an outstanding balance of $14 million, at the same time it considers taking legal action against “several parties.”
Winners announced at 2011 Canadian Mortgage Awards
Winners at the 2011 Canadian Mortgage Awards cut a wide swath across the industry, with Albertans leading the charge against Ontario dominance at the ICICI Bank-sponsored event.
Canadian Mortgage Awards winners set to be announced
The votes are in and now it’s only two days until the winners of the 2011 Canadian Mortgage Awards, sponsored by ICICI Bank, are announced.
Credit Repair Job
Looking to graduate your clients from a B to A mortgage? Heather Li looks at some of the tools brokers can use to turn around their clients’ credit scores
Andrew Moor sees lots of opportunity for brokers
Andrew Moor, president and CEO of Equitable Trust, was positive on how much opportunity brokers have in Canada and his perspective on how they can continue to grow business.
CMAs 2010: Nominees for Lender BDM categories
We'd like to introduce our popular vote campaign, where our readers will get to help choose the winners in eight categories through an online voting system. We're asking you to pick who you think deserves to win and the results will be given to the judges to help them make the final decision.
Where have all the B lenders gone?
With Wells Fargo the latest non-prime lender to fall off the mortgage map, Erin Letson talks to remaining alternative lenders to see what they're offering the alt-A set of clients and how they're mitigating risk