National Bank news

  • Newcomers to be honoured at CMAs

    The mortgage broker industry has its fair share of regular faces; the old guard who have been leaders for years. Each year, however, a new crop of up-and-coming, ambitious professionals emerge and some of them will take home Canadian Mortgage Awards for their efforts. These are our finalists in a number of “newcomer” categories.

  • Broker calls for level playing field for HELOCs

    One broker believes last week’s budget is a step in the right direction, though she hopes the path will lead to once again allowing monolines to provide HELOCs.

  • CMA preview: A roundup of categories

    Nominations for the Canadian Mortgage Awards (CMA) are now open and here is a quick glimpse at some of the awards you can now vote on.

  • Homebuyers haggling in wake of higher rates

    With the release of CREA’s Canadian real estate report on Tuesday, National Bank Financial Markets has released its Teranet - National Bank House Price Index; which posits homebuyers are haggling for better home prices to balance out increased rates.

  • Broker: National Bank changes represent necessary paradigm shift

    National Bank’s move to efficiency is sending an undeniable message to other brokerages, says one leading broker – one they can’t afford to ignore.

  • Brokers react to National Bank compensation changes

    National Bank announced changes to the compensation structure of its broker services this week and broker opinions diverge among those who say they won’t be affected and those who feel it will impact their decision to use the bank’s services.

  • National Bank announces changes to broker services

    National Bank is effectively overhauling its status and compensation programs for brokers in an effort to better promote efficiency but also as a way of to ensure continued strategically controlled growth through the broker channel.

  • CMA's Lifetime Achievement recipient speaks out

    As the CMA nomination process ramps up for another year, the 2013 recipient of the Lifetime Achievement Award admits he was surprised by the distinction while the sponsor of the award itself shares its reasons for backing the honour.

  • May CMHC, Teranet numbers encouraging

    Condo starts were up surprisingly for the month of May, reaching 200,000 from April’s 176,000 – helping to maintain a level number of new housing starts nationwide, according to CMHC’s latest seasonally adjusted annual rates.

  • Little risk of CMHC meltdown, says economist

    Economists are standing up to address concerns about the soundness of Canada Mortgage and Housing Corp’s portfolio, answering speculation that the insurer would need a bailout should the housing market go south.