The first of Canada’s Big Six banks released its Q2 report yesterday, but it came with an additional message
Bank of Montreal is the latest A-lender to follow suit
"It's a winning situation because the customer stays with us and the broker gets paid."
Despite their proliferation in recent years, most lenders remain reticent about doling out mortgages
Not a full month into the latest B-20 regime, one thing has become clear: The mortgage industry's fears about having difficulty qualifying clients weren't unfounded
Not only is closing mortgage deals about to get harder, it's also going to become more time-consuming than ever before, and that might cause part-time agents and brokers to jump ship
The new mortgage rules—not to mention the rising cost of housing—may prompt more borrowers to forge documentation so that they can qualify in the A channel
The mortgage industry was rocked by updates to Gideline B20 last month, and while many expect the sky to fall, others believe 2018 can be a fruitful year if brokers learn how to diversify
With major changes in the mortgage industry just around the corner, adapting to the new rules of the game is paramount
Broker Financial Group and Real Mortgage Associates have joined forces and expect 2018 to be the year they take the industry by storm
With two big announcements from OSFI around changes to mortgage and banking practices – specifically at non-bank lenders – do you think the regulator is overreaching?