Latest news

  • Does dog poo sell mortgages?

    Brokers, you'll like this one: Apparently, RBC isn't the only lender on the hot seat these days, with an Australian bank now being pilloried for airing a TV commercial showing a dog doing his business -- all in an attempt to sell mortgages.

  • Does dog poo sell mortgages?

    RBC may have met its match in an Australian bank, pilloried for running a commercial showing a dog defecating gold bars as a metaphor for its successful mortgage products.

  • Trithart's journey began as a teller

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the Canadian Mortgage Awards Friday at the Liberty Grand in Toronto.

  • Star story still holds value, says Babber

    A controversial Toronto Star article showcasing broker know-how still hold value, say the broker at the centre of the conflict, suggesting clients will look past the corrections and clarifications to see the value in choosing a mortgage broker.

  • CMHC report shows loss of bulk insurance business

    CMHC’s bulk insurance fund stood at a virtual standstill last year as the government clawed back on lender access to that portfolio insurance, making it harder for brokers to secure financing for clients.

  • Tough 2012? Not for this broker

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • Strict underwriting rules crucial to MIC success

    Brokers love liberal underwriting rules, but that makes for a possible conflict of interest if those mortgage professionals then take on the role of gatekeeper at a MIC, warns one mortgage expert.

  • Stick to the issues CAAMP, broker urges

    Another article in the Toronto Star has showered praise on mortgage brokers, but one broker feels his industry is being done a disservice with what he calls “PR pieces” by CAAMP, when instead it should be addressing real concerns in the channel such as REDX reports.

  • Making dreams come true

    MortgageBrokerNews is continuing its series of features on the finalists for Broker of the Year in both categories -- the under 25 employees and the 25 and over. This year’s group is the most diverse, spanning the country. Winners in both categories will be named at the upcoming Canadian Mortgage Awards on May 10 at the Liberty Grand in Toronto.

  • Kinsley confirms departure from CMHC

    The worst-kept secret in the channel is official – Karen Kinsley is stepping down as president and CEO of Canada Mortgage and Housing Corporation.