Latest news

  • Brokers applaud Home Trust

    Tightened guidelines may be encouraging some mortgage professionals to take shortcuts, but that is no excuse say industry players reacting to Home Capital's move to suspend ties with several brokers

  • Increase in bundled mortgages requiring more due diligence from brokers

    Exit plans for alternative clients are becoming increasingly important, as bundled mortgages become more prevalent

  • When does a reverse mortgage not make sense?

    Brokers are increasingly comfortable recommending reverse mortgages; but the truth is, not every client should get a reverse mortgage

  • CBC apologizes to brokers and monolines…sort of

    Industry players have been vindicated: the CBC has offered a sort of mea culpa for airing erroneous information about brokers and the lenders they work with

  • Broker article to convert rate shoppers?

    One superbroker has published an article that may help turn rate shoppers into ‘service shoppers’ – and convert bank clients to broker clients

  • Brokers tee up for charity

    Brokers are using their downtime this summer to fill the coffers of charitable organizations and increase the profile of the broker channel

  • Industry welcomes CMHC change

    It may be a small victory for brokers, but CMHC’s latest rule change is a welcome decision in an era of seemingly endless mortgage rule tightening.

  • Economist sends warning to Ottawa

    One leading economist is warning that any more mortgage rule tightening would negatively impact the entire economy, following speculation that the Canadian government is considering more rule changes meant to cool the housing market.

  • FCT lifts industry profile with scholarship

    An overwhelming number of applications for a scholarship funded by FCT is helping lift the industry’s profile at the same time paving the way for its further growth.

  • Brokers call CAAMP up to bat

    Industry players are calling for CAAMP to demand a retraction from CBC, following a segment that painted brokers and monolines with the same brush as high interest “shadow” lenders.