The new $100K ceiling...
It’s now the unspoken rule of A lenders, charge brokers: BFS clients declaring income north of $100K are quite simply persona non-grata.
Will brokers and Realtors ever agree?
Brokers and Realtors are divided once again, this time over what if any impact a new plan to reduce Toronto’s land transfer tax will have on a slow real estate market.
Time to fight back on penalties, says broker
One broker has decided that enough is enough, and that it is time for brokers to fight back.
Bored with retirement, broker becomes a Top 75
At age 44, Ken Lankin took a golden handshake from Beneficial Finance after 25 years of service and moved to Florida to retire. That didn’t last long.
Broker wants answers from TD on deal reversal
A Waterloo-based broker has one question: What changed to make the same bank approve a deal that had been repeatedly rejected when he presented it?
Another high-level CMHC staffer gone
Marc McInnis, the VP of insurance underwriting, servicing and policy for CMHC has stepped down, with no reason given.
CMHC declines raise underwriting questions
CMHC’s balance sheet is now revealing the full impact of Jim Flaherty’s tinkering, although brokers want to know if the scale of that decline also reflects more rigid underwriting.
Alice Chan & MA part ways
After almost seven years as senior VP, Alice Chan and Mortgage Architects have parted ways.
CMA winners defy rough market
The 8th-annual CMP Canadian Mortgage Awards went off with a bang at Toronto’s Liberty Grand Friday with over 600 attendees recognizing industry players who’ve soared above a turbulent real estate market
Trithart's journey began as a teller
MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the Canadian Mortgage Awards Friday at the Liberty Grand in Toronto.