FSCO warns brokers and clients
The Financial Services Commission of Ontario (FSCO) has issued a warning to consumers and industry professionals that “Norton Capital Lending” is not licensed to issue loans in Ontario.
Mortgage product re-ignites mortgage wars
Move over BMO’s 2.99 “No Friller” mortgage: A new product – from an unlikely source – is the one making waves in the mortgage industry Tuesday.
Lender expands to Eastern Canada
Brokers in Atlantic Canada may feel like they often get the short end of the stick but one mortgage company is banking on the area's mortgage business to help grow its own assets.
Brokers enjoy busy spring?
Brokers may have noticed a slight uptick in sales last month – a positive sign following months of decreasing housing activity.
Brokers aren't convinced by big bank offering
Brokers aren’t buying what one big bank is selling. But customers may be.
Bank joins forces with Canadian retailer
Here’s a new incentive that brokers may not be able to compete with: one big bank will offer $500 cash back when customers take out a mortgage. In Canadian Tire money, that is.
Stability for Spring mortgage rates
May will bring flowers - but there's no growth in store for the Canadian cost of borrowing, according to RateSupermarket.ca’s monthly panel of mortgage experts.
Canada’s housing growth ‘sustainable’: BMO
When it comes to the question of whether we’re building too many homes in Canada, economists at Bank of Montreal are suggesting everyone should just relax, even in Toronto where condos are popping up like dandelions, reports The Globe and Mail.
Repeat performances mark Canadian Mortgage Awards
The success of the annual CMP Canadian Mortgage Awards roared across Toronto’s Liberty Grand Friday with over 600 attendees recognizing the industry’s top players – among them an unprecedented number of repeat winners.
Mortgage Summit a big success
CMP’s Top 75 were unveiled – for the first time ever – live at the Mortgage Summit in Toronto on Thursday and the event is being heralded, by Vernon Jones, editor of CMP, as a great way to mark broker successes with the appropriate fanfare.