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Brokers ignore FSCO deadline
With Ontario's new mortgage brokering legislation now in effect, not even two thirds of the province's mortgage professionals were registered with the Financial Services Commission of Ontario (FSCO) by the July 1 deadline
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NEWS ANALYSIS: Forty-year amortizations: Canada's sub-prime crisis?
A year ago they were all the rage, and now they're considered a 'sensitive topic'. CMP uncovers the truth about 40-year amortizations - and how you can determine if they're right for your clients
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NEWS ANALYSIS: Special Report: Examining Ontario's new act
Joseph White helps ready Ontario for new legislation
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NEWS: Consumers split on home-buying decision: CAAMP survey
It's no secret that, when it comes to predicting the real estate market, economists and pundits often get it wrong. Perhaps that's why CAAMP chose to ask the people driving the market - homebuyers - about their attitudes regarding the uncertain state of the Canadian real estate market.
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NEWS: IMBA celebrates success
In an effort to assist its members embrace the upcoming legislative changes hitting mortgage brokering in Ontario, IMBA's 2008 Annual Conference was heavy on education, seminars and speakers.
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NEWS: Mortgage Intelligence introduces new president
There's still a place for mortgage brokering in Canada but, with the recent credit crunch, the channel has to work harder to help its lender partners keep origination costs low - a concept that Mortgage Intelligence is perfectly positioned for, according to the company's new president.
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NEWS: New chances to win at 2009 CMP Awards
The industry is still recovering from the CMP Canadian Mortgage Awards 2008 and the KMI Publishing and Events team is already hard at work to make the event bigger and better in 2009.
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NEWS: AMBA launches consumer ad campaign
In the wake of slowing North American economic conditions, AMBA's board of directors thought 2008 was an opportune time to make a significant push in educating the public about the benefits of using mortgage brokers.
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NEWS ANALYSIS: CMHC's competitive edge
CMP looks at the battles being fought on the mortgage default insurance front, and what the potential outcomes could mean to consumers
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NEWS: Borderless banking
Canadian banks are heading to the US for some cross-border bargains. With the strong Canadian dollar and US market troubles, financial institutions such as Scotiabank, TD Canada Trust, Bank of Montreal and Royal Bank are either acquiring or looking to acquire some of their floundering US counterparts.
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NEWS: Brokers take back Invis
The 29th of February was a momentous day for Invisians across the country. In addition to celebrating its eighth anniversary and taking home its second consecutive CMP Canadian Mortgage Award for Mortgage Brokerage of the Year, the company also celebrated a revolutionary change in management.
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NEWS: Innovative ideas: Nest Builders
Larry Zachow, founder and CEO of national mortgage brokerage Asset Capital, has always wanted to solve the problem of homelessness in Canada - a passion that started when he was an ordained minister working in street missions.
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