Mortgage Alliance news

  • MAC Rally of Hope completes 7,500km ride

    The MAC Rally of Hope pulled into St. John’s, Friday – some 12 day after setting off from Port Moody, B.C., in its annual motorcycle ride to raise funds and hope for cancer causes.

  • Time to lower minimun volume requirements?

    Stricter mortgage rules threatening to cool down the housing market are fueling broker hopes lenders will soon lower their minimum volume requirements to compensate for a drop-off in business.

  • A-lenders playing BFS by the letter

    A-lenders are already observing the strictest letter of the law on BFS applications, argue brokers largely dependent on those deals and now forced to shift as much as half of them to alternative lenders.

  • Reaching new heights

    It’s a message that reverberated from one end of The Mortgage Summit to the other, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?

  • Brokers anticipate Flaherty’s next move

    What will the government’s next move be if the new mortgage rules don’t result in a market slowdown? Brokers are taking some well-educated guesses.

  • Brokers face tight-er deadlines

    Forget July 9. Brokers may have considerably fewer days to get their applications in ahead of the government's start date for new mortgage rules.

  • MAC wins road rep defections

    What’s that, banker? The grass is greener on your side? Think again.

  • Veteran: OSFI decision may benefit brokers

    For clients, it’s the one menacing clause in OSFI’s rejection of re-qualification at renewal. But for brokers, says one industry veteran, it’s may be an opportunity to grow their business.

  • Time for brokers to choose: Mortgage Summit panelists

    It’s a message that reverberated from one end of the Mortgage Summit to the next Thursday, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?

  • CAAMP director answers criticism of board makeup

    One of only a handful of active brokers on CAAMP’s board of directors is chalking up the limited representation to name recognition challenges and brokers themselves – often reluctance to take time away from their businesses.