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
CMAs 2010: Nominees for Best Customer Service, Employer of Choice
With our popular vote awards categories announced last week, we're moving on to tell you about the nominees in the remaining 12 awards slots. Below, check out the nominees for the Merix Financial award for Best Customer Service (individual office) and the Employer of Choice award.
CMAs 2010: Nominees for Lender Underwriter categories
The 2010 CMP Canadian Mortgage Awards are less than two months away -- here are the nominees for the CMHC award for Best Lender Underwriter and the award for Best Newcomer - Lender Underwriter.
CMAs 2010: Nominees for Lender BDM categories
We'd like to introduce our popular vote campaign, where our readers will get to help choose the winners in eight categories through an online voting system. We're asking you to pick who you think deserves to win and the results will be given to the judges to help them make the final decision.
Will the Insured Mortgage Purchase Program continue?
With reports the federal government will cut a number of its initiatives aimed to help banks through the financial crisis in next week's budget, there is talk about whether the $125-billion Insured Mortgage Purchase Program will continue.