Bozic: brokers need to embrace creditor insurance
As brokers clamour for more ancillary products from channel lenders, Boris Bozic is suggesting they’ve largely failed to capitalize on one available to them for more than a decade: creditor insurance.
Winners announced at 2011 Canadian Mortgage Awards
Winners at the 2011 Canadian Mortgage Awards cut a wide swath across the industry, with Albertans leading the charge against Ontario dominance at the ICICI Bank-sponsored event.
Canadian Mortgage Awards winners set to be announced
The votes are in and now it’s only two days until the winners of the 2011 Canadian Mortgage Awards, sponsored by ICICI Bank, are announced.
Brokers differ on whether to advise fixed or variable rates for clients
Brokers looking for definitive advice on steering clients toward fixed, variable or combination mortgages are out of luck, with industry opinion divided ahead of expected rate hikes.
Banks could raise HELOC interest rates
With a surprise drop in credit card debt over the holiday shopping season, lines of credit increased. Merix Financial speculates whether this could push banks to raise HELOC interest rates.
Merix to further enhance new broker portal in 2011
Most mortgage agents have likely noticed Merix Financial’s enhanced broker portal, Explore 2.0, for deal tracking that was launched on Thursday November 25. CMP had the chance to demo it in person, and speak with Merix about plans to further enhance the system in 2011.
$12-million mortgage fraud uncovered in Calgary
A $12-million mortgage fraud was discovered by police in Calgary that involved 22 homes and eight banks.
Simply the Best
The fourth annual CMP Canadian Mortgage Awards could almost be named the Oscars for the mortgage industry, where the best of the best came out to celebrate and share their success among their esteemed colleagues; and focus on a bigger and brighter future
What lenders are looking for
Erin Letson talks to CMA-nominated lender BDMs and underwriters to find out what brokers can do to improve their applications and develop better relationships for the future
2010 CMP Award Winners
The 4th Annual CMP Awards gala was a huge success, attracting approximately 500 guests - the largest attendance so far. Here is the complete list of winners for 2010