Mortgage Intelligence news

  • Non-compete clause opened the door to success

    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 upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • Banks are 'getting away with it,' says broker

    Brokers are disappointed that the government’s move to tighten up the complaints process for banks does nothing to address the issue of unlicensed mortgage specialists or the fact their employers effectively control the process.

  • Ord parts ways with Invis/MI

    Invis/Mortgage Intelligence is now confirming the departure of Bob Ord from the CEO position he only just assumed in June.

  • Brokers want firewall around designated underwriting

    RMG’s recent move to a more centralized underwriting service may be a sign of the times, say brokers, but they’re generally more concerned with protecting the designated underwriting service they see as crucial to maintaining efficiency.

  • CMP releases complete list of nominees

    CMP magazine is sharing all of candidates for the upcoming Canadian Mortgage Awards, the most exhaustive and representative list in the awards’ celebrated history.

  • Mortgages before March break

    Sorry, kids. Brokers are gladly forsaking March Break vacation to capitalize on the return of first-time buyers to a flagging housing market.

  • It's the best and worst of times for brokers

    It may be a challenging time for brokers, but it's also a good one, say players pointing to lenders dropping rates and networks sweetening the deal for their members.

  • Hope springs eternal for brokers facing slow winter

    New home sales in the GTA are down 8.3 per cent for the first half of February compared to 2012, but brokers are looking ahead to the spring for a rebound.

  • Help for brokers from an unlikely source

    A market effectively closed to brokers – developer subdivisions – may indirectly be putting more money into their pockets.

  • Brokers, prepare to eat your words?

    Doubting Thomases may well have to eat their words, with a number of Invis/Mortgage Intelligence brokers having already won deals through the company's new relationship with a rate site.