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
Relationship Makers: A review of the industry's CRMs
All brokers need to organize their client contacts to keep in touch. And every brokerage tries to provide its agents with the best. Heather Li explores the industry’s CRM programs
The Pros and Cons of Broker Hubs
As lenders increase their minimum volume requirements and efficiency ratios, mortgage brokers are pooling their office deals to take advantage of favourable fees and to continue their relationship with preferred lenders. Gina Monaco takes a look at the pros and cons of this growing trend.
Simply the Best
The fourth annual CMP Canadian Mortgage Awards could almost be named the Oscars for the mortgage industry, where the best of the best came out to celebrate and share their success among their esteemed colleagues; and focus on a bigger and brighter future
The CMHC recently tightened the reins on its self-employed borrower
program to avoid some of the problems the U.S. is facing. Kit Kadlec
checks in with brokers who see both the pros and cons of the changes