Given the drastic ways in which the industry has changed over the last few years, brokers should consider how specialization can augment their businesses
And it's a page-turner
CMHC has said it's keeping an eye on "riskier mortgage activity by non-federally-regulated financial institutions"
Another year, another 12 months of headlines. CMP takes a look back at the major stories that defined the industry in 2017
The real reason the government has introduced stringent mortgage stress testing, claims a mortgage broker, is because it wants Canadians to spend less money on mortgage payments and more on other segments of the economy
With the news of West Face Capital Inc.'s lawsuit against Home Capital making the rounds, industry professionals don't think the former has much of a case, with one going so far as to call the litigation buyer's remorse
Industry veteran offers working advice on penalties that brokers can share to clients
Recent rule changes have put undue pressure on the industry, writes Trevor Daly, and the government needs to listen to brokers before implementing further regulation
Sales are falling in Toronto following government intervention – but will that prompt less dedicated brokers to step aside?
The government appears to have ignored the industry’s call to curb mortgage rule tweaking until last round’s impact is fully realized