Street Capital news

  • Street Capital takes bank charter route

    Mortgage brokers can still count on the Street Capital products that they have been using for years even if the the mono-line`s application for a Schedule 1 bank gets approved, according to the lender.

  • RBC gives brokers a two-week lead

    Brokers won't have more than two week to take advantage of RBC’s move to bump up its discounted five-year-fixed by 20 bps, caution some industry players.

  • Reaching new heights

    It’s a message that reverberated from one end of The Mortgage Summit to the other, with speaker after speaker calling on brokers to choose sides – are you focused on service or rates?

  • The ties that bind

    One of the keys to putting together a successful mortgage deal rests with the ability to build strong relationships with lenders. CMP spoke to this year’s group of finalists for the Canadian Mortgage Awards’ Best Lender BDM to gain some insight into this crucial partnership

  • Street 'doubles' broker market share

    Street Capital has effectively doubled its percentage share of broker originations in the first quarter compared to a year earlier.

  • To be or not to BDM

    As brokers grapple with a slowing market, many are finding relationships with BDMs are also in flux. As Vernon Clement Jones finds out, that may be by design

  • Genworth moves down the Street

    Street Capital has added Genworth as a default insurer, a move, says the lender, in response to broker requests.

  • Canadian Mortgage Awards winners set to be announced

    The votes are in and now it’s only two days until the winners of the 2011 Canadian Mortgage Awards, sponsored by ICICI Bank, are announced.

  • Street Capital introduces trailer fee model for brokers

    Street Capital Financial Corporation announced the launch of its new Street Loyalty Program to encourage renewal business with brokers by offering two compensation models, including trailer fees.

  • Lenders respond to brokers survey

    CMP had the opportunity to speak to many of the lenders named to the Top 10 in Canada by mortgage brokers across Canada. They told us about the programs they implemented in 2010 and what they thought led to their success, and they discussed new programs they hope will have a positive impact on broker relationships.