Brokers applaud CMHC’s vow to better track foreign ownership
Tutorials in the basics of mortgage borrowing are a large part of a broker’s value-add, but unfortunately there are some misconceptions about the industry that frequently go unchallenged and contribute to consumer worry about alternative financing
With yet another Bank of Canada rate decision around the corner, brokers weigh in on what they think – and what they hope – the central bank will do
It’s long been a point of speculation, but it’s now a verifiable reality for some clients saddled with higher legal fees because they used a monoline
Recent fraud concerns have highlighted the industry’s growing emphasis on accurate and up-to-date client documentation, especially for self-employed clients, say broker channel veterans
Fraud has been a hot topic in the industry lately and brokers believe harsher punishments should be doled out; but is it consumers who should be targeted?
Brokers can expect a boon to refinances if this one proposed tax credit is put in place
Brokers argue there aren’t enough ramifications to deter brokers from falsifying documents, but some suggest reporting them to a database such as REDX is a good start
Renewed frustration around lender penalties have forced one broker to make a FSCO complaint, but is it really time for Canada-wide regulation?
One brokerage and its lending partners went nationwide in the fight against cancer, raising $30,000 for the Canadian Cancer Society.