Teranet news

  • Broker ensnarled by REDX error

    A Toronto broker wants the same high standards currently applied to mortgage brokers placed on REDX reporting – having herself fallen victim to an apparent case of mistaken identity.

  • Stick to the issues CAAMP, broker urges

    Another article in the Toronto Star has showered praise on mortgage brokers, but one broker feels his industry is being done a disservice with what he calls “PR pieces” by CAAMP, when instead it should be addressing real concerns in the channel such as REDX reports.

  • REDX addresses AMP questions

    The company behind REDX is now answering a question CAAMP has been slow to, asserting the association does not directly file incident reports on brokers who drop the AMP designation.

  • Fraudsters head for commercial ground

    A tough residential real estate market means fraudsters are on the move to commercial, writes Vernon Clement Jones, but should the buck stop with brokers?

  • Brokers win new market-tracking tool

    Knowing neighbourhood demographics in detail – from homeowner movement to pricing on the street-by-street level – is a critical advantage for brokers and one a new index aims to provide them.

  • Another blow to commissions?

    Numbers from Teranet-National Bank show a fifth consecutive month of decline for home prices nationwide -- arguably another blow to broker commissions.

  • Broker: TD shift to business lending a good thing

    TD Bank’s plans to use a significant uptick in business lending to make up for a cooling mortgage market is garnering mixed – albeit positive – reaction from brokers and mono-line lenders.