MCAP news

  • Brokers laud MCAP’s hands-off approach to RMG

    Brokers are applauding what appears to be MCAP’s decision to put its money where its mouth is – the lender adopting a largely hands-off approach to RMG’s product lineup and features that deviate from its own.

  • Cashbacks here to stay?

    Broker desperately clinging to cashback mortgage may not have to give them up after all with, provincial regulated monolines suggesting they'll continue to offer the product even as OSFI forces the banks it regulates to ditch it.

  • Lenders to divide up FirstLine spoils, says veteran

    Lenders have already begun to court brokers with well-established ties to FirstLine, but it’s unlikely any one of them will win most of that business, says a respected veteran, arguing four big players will initially divide the spoils.

  • Canada's best mortgage professionals honoured

    Westerners challenged Ontario dominance at the 2012 Canadian Mortgage Awards Friday, the industry celebrating that excellence in Roarin’ 20s style at Toronto’s historic Carlu.

  • myNext takes on new name

    A rose by any other name is just as sweet, but does the same apply to a lender?

  • Who gets the bill for broker ad campaign?

    Merix head Boris Bozic has joined the growing number of mortgage professionals endorsing the idea of a national advertising campaign, specifically focused on hawking broker wares to the largely uninformed consumer. That’s even as others look to mono-lines themselves to foot the bill.

  • Brokers: Time for Mono-line consumer advertising

    Mono-lines are facing renewed calls to increase consumer advertising, a way of helping mortgage brokers sell to often skeptical clients – inclined to dismiss all non-banks as B lenders.

  • Haditaghi explains CEO search

    Company founder Alex Haditaghi personally identified Ron Swift as the man to lead Pacific Mortgage Group to the “next level” as far back as eight months ago, he told MortgageBrokerNews.ca, with his decision to step down from the CEO post, in fact, ending a year-long search.

  • Swift takes over from Haditaghi

    Ron Swift is moving into the captain’s chair of Pacific Mortgage Group, leaving lender MCAP.

  • Brokers on Lenders Survey: The results are in

    Brokers’ opinions of lenders have undergone some changes over the past year and they are reflected in the results of CMP’s 5th annual Brokers on Lenders Survey.