Manulife, the mouse that almost roared
Manulife’s decision to reverse a 20 bps mortgage cut – only after a phone call from the ministry of finance – is drawing criticism from brokers, but also praise.
Brokers barking up the wrong tree
Are brokers just plain wrong in criticizing the 2012 mortgage rule changes? Agent Paolo Di Petta says they are
Brokers glad market on ‘sustainable path’
Call it a slowdown, soft-landing or a correction, some mortgage professionals are just glad 2012’s rough ride is nearly over and as one major bank puts it, the industry is headed on a “sustainable path.”
Broker to CAAMP: Give up the mortgage-rule ghost
At least one broker is suggesting CAAMP – meeting with officials in Ottawa next week – needs to reconsider its position on tighter mortgage rules and embrace the long-term benefits of the revamp.
Tough market to grow independent players, says broker
With a slowing housing market and lenders slashing compensation, the channel will likely see more brokers opting to go independent rather than work under large broker networks as a way of cutting expenses, according to one mortgage professional.
Vanishing options a big issue for brokers
Early poll responses to the 2012 CMP Brokers on Lenders survey suggest brokers are concerned about the loss of product options and the cookie-cutter approach of conservative lenders.