Which broker lender will feel the CMHC pinch?
Brokers are already positing their own theories on which lenders will be hardest hit by CMHC’s move to cap access to government guarantees for securitized mortgages.
Mortgage pie keeps getting smaller: brokers
The announcement Mortgage Architects has now acquired Argentum is strong indication the mortgage pie is getting smaller, and more mergers and acquisitions are on the horizon, say brokers.
The real threat to market recovery
Recent real estate numbers show a stabilizing market in Toronto and Vancouver, but one broker wonders if this recovery can sustain itself in the face of rising rates, and, more especially, OSFI’s tighter guidelines.
One year later: Marking Flaherty’s mortgage rule changes
Happy anniversary? It’s been a year since the mortgage rule changes took effect, and brokers have felt the impact not only on their business, but especially their clients.
Marijuana man losing mortgage a good lesson for clients, say brokers
A licensed medical marijuana grower who had his mortgage pulled by Scotiabank is a good lesson for clients who do unauthorized renovations, say brokers.
Our own rate site needed now: broker
Rate sites may be inevitable, but if third-party sites are left unchecked there is a real danger that they will one day gain irreversible pricing power over brokers, cautions one broker.
Kanetix buys RateSupermarket
Brokers may not like it, but this is the reality of the industry today.
The medium is the message at today's Mortgage Summit
The opening keynote message for brokers at today’s Mortgage Summit was the need to balance creativity, technology and profit to define success.
Storefront brokerages an expensive lesson
One broker remembers the expensive lesson learned by brokers a few years ago in opening storefront locations in high traffic retail centres, and sees the BMO micro-branch model succeeding if costs can be controlled.
Rate Your Realtor flops – how about Rate Your Broker?
CREA membership recently rejected a Rate Your Realtor proposal – a concept that would be unworkable and unfeasible if applied to the broker channel argue some brokers while others are ready to embrace it.