Genworth news

  • Canadians get serious about home ownership

    Buyers are working harder for longer when saving for a down payment and home ownership is still considered financially beneficial, according to a Canada-wide survey commissioned by Genworth Canada.

  • Broker calls for CMHC pre-approvals

    With all the talk about the CMHC potentially instituting risk-based insurance premiums, it’s another crown corporation policy one broker would like to see changed.

  • Second mortgage insurer follows suit

    That didn't take long. One major mortgage insurer wasted no time announcing its own premium changes, following CMHC’s major statement Friday.

  • CMHC raises premiums

    CMHC is increasing its mortgage insurance premiums for homeowners and 1-4 unit rental properties effective May 1, 2014.

  • Broker frustrated by auditing double standard

    One broker is frustrated by what he perceives to be a double standard when it comes to how brokers are audited compared to their banking counterparts.

  • Broker calls for insurers to provide flagged properties list

    One industry player is calling on the mortgage insurers to make a list of red-flagged properties available to mortgage brokers and Realtors, after a deal fell through in the 11th hour.

  • Brokers apprehensive about potential B-21

    Brokers may not buy into Realtor optimism, with two industry players taking to MortgageBrokerNews.ca’s comments section to air their fears of the impending B-21 guidelines.

  • Broker: Expect tighter underwriting in 2014

    One leading industry player foresees tightened mortgage lending regulations in 2014, which may affect the broker industry more than its banker rivals.

  • Leadership event for female brokers

    One industry player has organized an event to help inspire and motivate tomorrow’s female leaders with her second BC Women in Mortgages Leadership Event, set to take place on February 3.

  • Broker fears CMHC downsize

    While brokers doubt the ability of Canada’s independent mortgage insurers to pick up the slack if the government downsizes CMHC’s mandate, they’re much more certain about the kind of effect that move would have on their business.