Alberta Invis-MI brokers react to reported rift with TD
Alberta mortgage professionals with one of the country’s biggest broker networks say they’re hoping for a speedy resolution to an apparent dispute with TD, resulting in their restricted access to the lender.
Brokers: Time for Mono-line consumer advertising
Mono-lines are facing renewed calls to increase consumer advertising, a way of helping mortgage brokers sell to often skeptical clients – inclined to dismiss all non-banks as B lenders.
Broker: We've earned renewal fees from Scotia, TD
It may be the broker equivalent of, “If you can’t beat ‘em, join ‘em.” But an industry veteran studying the channel’s growing use of the big banks says brokers have now earned renewal fees from those lenders.
Brokers help lift Scotia’s falling market share
Brokers – specifically, a bigger piece of their action – helped cushion the blow for Scotiabank in its third quarter even as its overall market share fell – a validation, say brokers, of their value proposition.
Top originator urges niche brokering, focus on property investors
With an originations slowdown sending brokers scrambling to diversify their portfolios, a top Ontario player is arguing “niche” brokering may actually be the best way forward.
Brokers: Rate drops ignite client preference for fixed
Brokers are finally seeing a change in consumer appetite for risk after the second chop to fixed rates in two weeks.
Brokering 101 course gains traction in Halifax
A course focused on teaching industry basics to new mortgage brokers in Nova Scotia has more than doubled its enrollment as the province faces growing pressure to attach an educational component to its licensing standards.
Broker of the Year finalists announced
It’s going to be a special night April 29th for two brokers, as they will receive the honour of being named Mortgage Broker of the Year at the fifth annual Canadian Mortgage Awards.
BoC rate to reach two per cent by year end: RBC
As part of its economic outlook for 2011, RBC projects that the Bank of Canada overnight rate will rise from one per cent to two per cent by year-end.
Condo ownership on rise in Ontario cities
The majority of first-time homebuyers in several large Ontario cities are moving into condominiums to avoid the high prices of single-family homes, a recent report has found.