A mortgage professional and a lawyer present their reasons for why this controversial product should or shouldn’t be peddled by mortgage professionals
Brokers are missing out on the luxury market in one major city, according to one real estate firm that says it is being driven by foreign money
With the recent purchase of CFF Bank by Home Capital Group, there appears to be an industry shift to transitioning schedule 1 banks into the mortgage channel
Brokers may have just found their campaign issue, with an industry association calling for something that could bring thousands more buyers into the market
Home Trust’s acquisition of a Schedule I bank may signal the return of the old glory days for brokers who yearn for more-competitive rates
Recent fraud concerns have highlighted the industry’s growing emphasis on accurate and up-to-date client documentation, especially for self-employed clients, say broker channel veterans
One of Canada’s hottest real estate markets has been added to CMHC’s list of centres where the organization detects high levels of risk.
With the CFF Bank purchase, Home Trust may have just circumvented the OSFI application process for winning its Schedule I bank license
Big banks continue to undercut their own broker partners by offering proprietary mortgage products exclusively in-house
While tougher lending regulations have provided greater opportunities for brokers, that window of opportunity is closing for investors eager to use brokers as middlemen for lending
Change is a constant in the mortgage industry. Is your business set to adapt?