Federal budget cuts IMPP, standardizes prepayment disclosure
The latest federal budget included moves that will affect the mortgage industry, including new regulations to standardize mortgage prepayment disclosure and the elimination of the Insured Mortgage Purchase Program.
Former Home Trust president to head up new mortgage lending operation
Financial services firm Grey Horse announced it has hired Nick Kyprianou to lead a new alternative residential mortgage lending operation through its subsidiary, Equity Transfer and Trust Company (ETT).
Home Trust announces new president
Home Trust has named Martin Reid, the company's former treasurer, as its new president following the departure of Nick Kyprianou.
Where have all the B lenders gone?
With Wells Fargo the latest non-prime lender to fall off the mortgage map, Erin Letson talks to remaining alternative lenders to see what they're offering the alt-A set of clients and how they're mitigating risk
Lender status cards - do you have yours?
Broker status and incentive programs are becoming increasingly common among mortgage lenders - but what does it mean for brokers? Erin Letson explores what lenders are trying to achieve, why efficiency matters and how to become a status broker
Eye on the prize
While they may seem gimmicky, contests and giveaways, no matter how big or how small, can be an effective marketing tool to target new and existing clients. CMP looks at how to get the ball rolling
Brokers on Lenders 2009
With talk that the worst economic slowdown is over, it's interesting to point out that this year's CMP Brokers on Lenders survey was conducted just before things really picked up. The results may surprise you
Brokers on lenders survey: full results
Every year CMP conducts a brokers on lenders survey and this year's results appeared in issue 4.7 (July), out this week. But there wasn't room for all of the results for all of the lenders so we were only able to list the top ten for each category. The following is a complete alphabetical list
Almost a year after the launch of its Accelerator program, Home Trust is continuing to expand its prime product offerings and help brokers serve both A and B clients
Welcome to Canada
As Canada prepares for an influx of immigrants in the coming years, the mortgage industry is responding. CMP explores what mortgage brokers can do to make the transition easier