Brokers rejoice over policy change
It’s about time, say brokers upon hearing the news that more transparency will be required of their major bank competitors going forward.
Brokers react to RateHub announcement
RateHub.ca will join forces with an influential channel player to launch a new brokerage, with several brokers arguing the move is a betrayal.
Broker frustrated by bidding wars
Brokers are once again venting their frustration with the discrepancy between appraisal prices and sale prices of homes; though it isn’t the appraisers’ fault, according to one broker.
CMA Standouts: Anthony Contento
Contento spent 25 years in the banking channel before making the move to the mortgage industry, but his brokerage is anything like a big bank; instead, he prefers to run a small and intimate office.
Canada's top 75 Brokers : Christine Xu
Making her debut in the Top Five is mortgage broker Christine Xu of Mortgage Architects in Markham, Ont. Xu funded $120,034,969 in 2013 largely on the strength of residential deals.
Banks have A-business cornered?
Another big bank has joined the ranks of lenders offering a sub-three per cent five-year fixed rate; signalling the growing importance of alternative lending to the mortgage broker industry, according to one player.
Repeat performances mark Canadian Mortgage Awards
The success of the annual CMP Canadian Mortgage Awards roared across Toronto’s Liberty Grand Friday with over 600 attendees recognizing the industry’s top players – among them an unprecedented number of repeat winners.
Relicensing cull: Network heads Part II
Brace yourselves: Our panel of broker network heads is anticipating a "whack of agents" will leave the business this year. That may not be a bad thing.
Bank bars broker from attaining financing for client
One broker is frustrated by a major bank’s refusal to allow him to work with any client who had previously inquired about a mortgage at the branch level.
B2B Bank joins the alternative lending space
B2B Bank announced Thursday it has expanded its product offering to include two new alternative lending programs designed for clients who do not fit into traditional income profiles.