Genworth already using potential new mortgage rule
The federal government is considering a new mortgage rule where clients who take out variable rate mortgages must be qualified based on a higher interest rate, according to the Globe and Mail - a practice Genworth Financial already has in place.
Canadians willing to cut vacations, work second jobs to stay in homes: Genworth
Close to 70 per cent of renters in Canada said they would be willing to delay major purchases and more than half would give up vacations to own their own home, according to Genworth Financial Canada's most recent First-Time Homebuyer's Monitor.
Saskatchewan: more than just wheat
What's it like to be a mortgage broker in Saskatchewan? Erin Letson checks out the post-boom housing market, upcoming regulations and the overall state of the industry in this oft-overlooked prairie province
Genworth MI Canada announces IPO plan
Genworth MI Canada announced Tuesday it will sell 44.7 million common shares at $19 each as part of an initial public offering to raise money for its parent company, Genworth Financial.
Avoiding the B word
With reports of mortgage arrears skyrocketing across Canada and bankruptcies following close behind, things seem to be getting worse. But for mortgage professionals who can help their clients, a new opportunity exists for building long-term relationships
Budget 2009: what it means for the mortgage industry
Now that the mortgage industry has had plenty of time to absorb the January budget - all 360 pages and 109 checkmarks - CMP spoke to people in the industry to find out what it means to them
Entering new markets
As the economy slows, mortgage brokers are likely going to see more financially challenged clients. CMP looks at what brokers can do to add value to their services