Latest news

One successful brokerage has found a way to attract new clients without cutting into commissions, but by help clients eliminate risk.

The move by channel lenders to take on “Schedule 1 Bank” status may continue to build, with the head of one trust company sharing his own perceptions with MortgageBrokerNews.ca.

First Financial's announcement of bank status lays the groundwork for the introduction of another broker lender.

Alberta is ready to examine proposed changes to its broker regulations, and one proposal that is expected to meet resistance from the banking community is the question: What constitutes an individual broker?

The Canada Mortgage and Housing Corporation announced the registration of two covered bond programs, with CIBC and RBC coming on board to offer the first registered programs.

This week’s appointment of parliamentary assistant Steven Del Duca to oversee a five-year review of Ontario’s Mortgage Brokers Act has already spawned a slew of broker wish lists for what could and should be tweaked to better the industry.

It’s now the unspoken rule of A lenders, charge brokers: BFS clients declaring income north of $100K are quite simply persona non-grata.

Brokers and Realtors are divided once again, this time over what if any impact a new plan to reduce Toronto’s land transfer tax will have on a slow real estate market.

Counsel Corporation has seen its stock price double in less than a year – success that could be worth some attention by mortgage brokers, who are more focused on new volume than renewals.

RBC is one again leading the push to higher fixed rates, taking its “special” 5 year rate to a hefty 3.69 per cent, effective Wednesday.