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Vet calls for mortgage qualification crackdown
It may not be a popular opinion, but one veteran broker argues there should be tougher standards for qualifying for a five-year fixed-rate mortgage
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Banks taking on more default risk: Not exactly a home run
Brokers may not be sold on CMHC forcing banks to take on more risk
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Broker diversifies, offers service to peers
Frustrated by the mortgage documentation process, one broker developed a system to alleviate the workload – and now he’s turned it into a separate business stream
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Should lenders verify a down payment source?
Enough is enough, argue some industry players, as lenders increasingly request proof of the source of a down payment
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Taking the lead from BC budget
B.C. has vowed to track foreign ownership and perhaps it’s time the rest of Canada does the same
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Mortgage wars, 2016 edition
It’s that time of year again, with one niche lender offering bargain basement mortgage rates – but just how many clients are suited to this unique offer?
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Meet the broker who agrees with FICOM
He has his issues with the proposal, but on a fundamental level this broker agrees increased disclosure is a good thing
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Project requiring no down payment no slam dunk
Not so fast: the “no down payment” condo project being reported has not yet been given the go-ahead by CMHC, according to the Crown Corporation
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Quarterly report released by network economist
The super low rate era will continue, according to one broker network’s economist
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Big bank makes unique offer to try to entice clients to switch
Rewarding clients for switching their mortgage is an old big bank trick, but this one is just too weird to work … right?