MCAP news

  • CMAs to include new award category

    With the CMAs just around the corner, we are continuing to roll out our list of finalists, including those who are up for the brand new “Diversifyer of the year” category.

  • More CMA finalists announced

    The second round of CMA finalists has been revealed – have you made the cut?

  • Poll results: Banks vs. Monolines in the porting debate

    When it comes to porting a mortgage one type of lender reigns supreme, according to a recent poll.

  • Are the monolines competing?

    A number of the big banks have announced special fixed rate promotions and cuts to their prime lending rate, but what are monolines doing to ensure brokers have a competitive advantage?

  • Lender announces pilot program

    MCAP will soon launch a new mortgage option for its clients, making them the first monoline lender offering a mortgage deal that could spare investors and homebuyers a blow to their credit scores.

  • Lender announces commitment to alternative space

    One trust company is reaffirming its dedication to supporting mortgage brokers with two executive appointments, among them a leading player from another lender.

  • Lender wait times: Banks vs. monolines

    When it comes to wait times are the monolines truly better than the banks?

  • ​CMA Standouts: Tracy Valko

    Tracy Valko may have started on the “other side” in 1999 when she joined MCAP in the mortgage retention department and underwriting for ING Direct, but in 2003 she joined the brokerage side to become an independent broker in the Kitchener-Waterloo area.

  • Poll results: Brokers convert business on heels of increased competition

    Opinion among brokers was divided about Investors Group’s recent rate promotion and just how good a deal it was for customers. We wanted cold, hard numbers, though, so we asked our readers how many were able to convert client inquiries into funded deals. Read on for the results.

  • Monolines surprised by rate; clients curious

    Reports of Investor Group’s recent 1.99 per cent three year variable rate “shaking” the industry weren't exaggerated, with lenders being caught off guard and scores of clients inquiring about similar products.