Fraud case calls dual licensing into question
A Brampton mortgage agent will spend the next 12 months behind bars after pleading guilty to fraud over $5,000, and the case has mortgage brokers calling for single licensing.
Exclusive: Economist forecast for 2015 and beyond
In a one-on-one interview with MortgageBrokerNews.ca, one economist discussed the biggest issues facing brokers in 2015 as well as a forecast for the condo market over the next few years.
Six essential tips for business writing
Yes, we know you know how to write. But writing and communicating just isn’t the same thing.
Government to reduce exposure to housing market; but doesn’t know how
Reducing the federal government’s exposure to risk from the housing market is a long term aim of finance minister Joe Oliver, but so far there’s no plan to do it.
Conference Board report predicts strong growth for 4 provinces
Ontario, Newfoundland and Labrador, Alberta, and Manitoba will be the leaders of economic growth in 2015 according to a new report from the Conference Board of Canada.
BoC urged to hold interest rate
The Bank of Canada will announce its latest interest rate decision on Monday and is being urged not to change it from the current low.
Calgary breaks price records again
A record number of homes priced over $1 million have been sold this month.
Broker guilty of defrauding CRA
A Brampton mortgage broker has been jailed for fraud, specifically using the personal information of clients to cheat, of all people, the taxman.
Uninsured mortgages raise IMF eyebrows
A phenomenon that brokers have already started to question is raising eyebrows at the IMF, now suggesting that the growing use of uninsured mortgages could pose a problem.
Brokers scoff at affordability
Brokers aren't sold on a big bank report purporting more affordability in the housing market.