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Mortgage News From CIMBL 2006

Here’s the latest buzz from the largest gathering of mortgage professionals in Canadian history, CIMBL’s 2006 Annual National Mortgage Conference and Expo .

  • CIMBL Chairman Paul Grewal wants Ottawa to encourage more competition in the Canadian mortgage market. (CBC Story)
  • Grewal also wants the government to raise the amount people can borrow from their RRSPs to purchase a house, from $20,000 to $25,000. 
  • CIMBL will change its name to the Canadian Association of Accredited Mortgage
    Professionals (CAAMP) on May 1, 2007 to reflect it’s push of the AMP designation.