Latest news

  • Another blow to commissions?

    Numbers from Teranet-National Bank show a fifth consecutive month of decline for home prices nationwide -- arguably another blow to broker commissions.

  • Hope springs eternal for brokers facing slow winter

    New home sales in the GTA are down 8.3 per cent for the first half of February compared to 2012, but brokers are looking ahead to the spring for a rebound.

  • ING departure teaches hard lesson, say brokers

    Now that ING has officially left the channel, brokers remember a company that was great to work with – but also one that has taught them a valuable lesson.

  • Credit union to make good on renewal fee promise

    Brokers are crediting MortgageBrokerNews.ca with "encouraging” a B.C. credit union to honour the renewal fee pledge of a retired program.

  • 10-year fixed increasingly easy and lucrative sell for brokers

    Scotia has joined other lenders in presenting a special offer on 10-year fixed mortgages, widening the smiles on brokers now facing a surge in clients interested in longer terms as a hedge against the eventual spike in rates.

  • Broker: Retention will decide course success

    The only real measure of success for CAAMP’s new broker education course will be how many of those students actually remain in the channel and for how long, argues an industry vet and advocate for more-effective training.

  • Brokers win Dragons' endorsement

    As expected, the Dragons breathed fire and the brokers braved it, with the Dragons fighting among themselves for a piece of the action.

  • MCAP: B-20 a must-reader for brokers

    Santa Claus makes his list and checks it twice, but brokers should also know OSFI will be checking up to see if they are helping lenders meet the new B-20 requirements.

  • DLC quantifies Super Bowl ad success

    Dominion Lending Centres just released its 2013 spring advertising fund update, and the numbers from that Super Bowl commercial appear to be, well, super.

  • Brokers recruiting brokers

    Mortgage Architects is using its high-flying brokers to recruit other brokers, allowing them to share their success stories in an increasingly competitive market for networks.