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.
Broker of the Year finalists announced
It’s going to be a special night April 29th for two brokers, as they will receive the honour of being named Mortgage Broker of the Year at the fifth annual Canadian Mortgage Awards.
Broker Network of the Year finalists announced
This year’s Canadian Mortgage Awards will have some added excitement as the Mortgage Broker Network of the Year will be presented for the first time.
Credit Repair Job
Looking to graduate your clients from a B to A mortgage? Heather Li looks at some of the tools brokers can use to turn around their clients’ credit scores
2011: The Road Ahead
Consumer awareness and confidence in brokers, broker-lender relationships and the threat from government of more mortgage rules are some of the issues John Tenpenny heard about when talking with prominent industry members
Banks won't impose own tighter mortgage rules: TD
Canadian banks are not likely to impose stricter mortgage qualifying rules on their own to curb the nation’s rising household debt, TD chief executive officer Ed Clark told The Globe and Mail.
Further tightening of mortgage rules not necessary say brokers
Finance Minister Jim Flaherty warned again on Monday the government could tighten mortgage rules further if needed, after a report showed the country's household debt levels have soared.
A tool to change the mortgage broker-Realtor relationship
In mid-October, Calgary mortgage broker Greg Williamson launched the Buyer Protection Plan to offer a differentiating product for Realtors through mortgage agents.
Superbrokers: Growing through Technology
CMP recently polled national broker networks across Canada to uncover what they offer their brokers – everything from compensation to training to ancillary services. Here are the results
Know your B products
CMP's niche series this month focuses on alt-B clients. Nick Lypaczewski spoke to a few brokers to find out what is the most effective way to reach and work with this market