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.
Street Capital announces new rental program
Increasingly, brokers are having difficulty securing mortgages for rental properties but one lender has added a new tool to the broker’s belt.
Meet the CMA judges
Meet our panel of expert judges for the upcoming Canadian Mortgage Awards
Renewal time for brokers?
Counsel Corporation has seen its stock price double in less than a year – success that could be worth some attention by mortgage brokers, who are more focused on new volume than renewals.
Calgary Street Capital employees work from home
The rain has stopped, but downtown Calgary is still flooded – and lenders like Street Capital are waiting for drier days to reopen for business.
Flooding closes doors of Calgary lenders
Torrential rain and widespread flooding is wreaking havoc for Calgary lenders like Street Capital.
Grewal: brokering needs more BAs, BComs, BSc's...
The channel needs to actively reach out to colleges and universities to find better brokers – but also to convince those bright minds of the industry’s career potential – according to the head of one of the biggest monolines.
MERIX suspends 'stated income'
MERIX Financial is temporarily halting stated income lending – and for one broker, it suggests more monolines will do the same.
Street gets CMHC approval to securitize mortgages
The Canada Mortgage and Housing Corporation has now confirmed Street Capital as both an approved issuer of NHA mortgage-backed securities and a seller under the CMB – a dual designation set to help brokers, according to the lender.
Debt-servicing changes stir brokers
A move by two lenders to change their calculations on debt servicing ratios vis a vis unsecured lines of credit is raising broker eyebrows.