BMO backtracks on bold claim
Has BMO been forced to eat its own words? That’s how brokers are interpreting the bank’s recent decision to cut hundreds of jobs considering only last year it said an increase in mortgage specialists was the best way of growing market share.
Broker fears CMHC downsize
While brokers doubt the ability of Canada’s independent mortgage insurers to pick up the slack if the government downsizes CMHC’s mandate, they’re much more certain about the kind of effect that move would have on their business.
Meet the CMA judges
Meet our panel of expert judges for the upcoming Canadian Mortgage Awards
Independent insurers to take advantage of CMHC's risk fee?
CMHC increased its risk fee to 3.25 per cent last week and one broker believes Canada’s independent insurers – and the brokers who deal with them – are poised to take advantage.
What can brokers do to prepare clients for rate hikes?
Brokers may be compelled to advise clients to opt for a smaller mortgage, following a warning that homeowners may be ill-prepared to handle impending interest rate hikes.
Breaking News: REDX confirms AMP reporting changes
Teranet is now confirming the MortgageBrokerNews.ca report it will overhaul its controversial use of AMP records on the REDX system.
Far out Friday: Crazy interview answers – that worked
What's the strangest interview answer you've given or received? These employees prove that weird, off-the-cuff answer isn't always a negative.
Superbroker president wants to put an end to bullying
Each year CMP and MortgageBrokerNews.ca highlight the charitable endeavours of brokers across the country. In the first of this year’s series, we highlight one network head and his anti-bullying campaign, “I Am Someone.”
BoC addresses big broker concern
Brokers across the country can now exhale, with the Bank of Canada providing what could well be the best guess on what 2014 has in store for the industry.
CMHC to Brokers: Don't worry about 'risk fees'
CMHC has now moved to reassure broker networks that new and controversial "risk fees" pose no threat to mortgage funding -- that despite growing fears.