Canadian banks experienced their worst year of profit expansion in a decade, and expect subdued growth to continue
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?
The chief concern for brokers each summer is an increase in approval turnaround times, but many players say this year takes the dubious honour of being one of the worst on record
Brokers may be scoring hit after hit with clients who are already knocking on their door, but the fact remains that for a large segment of the population – mortgage brokers remain virtually invisible
Brokers currently operating Canadian First Financial Centres believe Home Capital’s acquisition of the schedule I bank will help them better compete with the big banks