Latest news

  • Broker Sentiment Poll early results

    Submissions for CMP’s Broker Sentiment issue have been pouring in, as brokers share their thoughts, feelings and worries for the industry today and in the future; and in a bit of good news for major mortgage brokerages, 46 per cent of independent brokers have expressed their willingness to join a national network in 2014.

  • Broker calls for level playing field for HELOCs

    One broker believes last week’s budget is a step in the right direction, though she hopes the path will lead to once again allowing monolines to provide HELOCs.

  • Broker network adds to management team

    One leading broker network made waves Friday with the announcement of three key additions to its management team.

  • Home Trust bullish on brokers' future

    The CEO of Home Capital Group is forecasting a positive year ahead for both the lender and the broker channel following the release of the company’s fourth quarter results.

  • Broker Network at the Super Bowl?

    If you watched the Superbowl you probably noticed DLC’s ads -- certainly consumers did, according to the broker network.

  • Provincial broker orgs work together

    A more cohesive broker voice may soon be realized, with The Alberta Mortgage Broker Association (AMBA) announcing Tuesday it is working closely with other provincial bodies and regulators to ensure better coordination among the various organizations.

  • CMHC cutbacks announced

    The budget announcement quietly slipped in changes to government-backed mortgage insurance, including reductions to the amount of new guarantees CMHC will provide.

  • Groundwork set for small banks to enter market

    The federal government’s vow to encourage greater competition in financial services will pave the way for a greater number of small companies to win banking licenses, according to one leading broker who believes that benefits both the industry and the consumer.

  • Budget 2014: Win for monolines

    The broker channel can chalk up a win for monolines following Tuesday’s budget meeting, with Finance Minister Jim Flaherty taking steps to arm “smaller banks” with the tools to better compete with the big banks.

  • Last chance to vote for CMAs

    Now is your last chance to cast your vote for the Canadian Mortgage Awards (CMAs) as polling will close this Friday.