It’s one of the biggest broker channel acquisitions in Canadian history. M3 Mortgage Group is buying broker network VERICO Financial Group.
M3, which already... Read More...
Virtually every professional mortgage broker in Canada saw this coming.
Once the Department of Finance eliminated popular default insurance products last fal... Read More...
Balance sheet lenders. As brokers, we need more of them—especially on the prime side.
Rates like HSBC's 5-year 2.59% refinance offer, which is not available ... Read More...
Home Trust needed a big shot in the arm and it got two. Last month Warren Buffett came to the company's rescue with a pivotal investment and credibility boost. ... Read More...
Following Ottawa's landscape-changing insurance rules last fall, the Department of Finance has raised little concern about the prime uninsured mortgage market, ... Read More...
What would brokers do without the Big 6 banks? Think about that.
Banks, directly or indirectly, fund more than three out of four broker deals.
That’s why ... Read More...
CMHC top-boss Evan Siddall was interviewed Thursday on BNN. He made a few comments that stood out like a neon sign.
Greg Bonnell asked him if federal policy ... Read More...
Brokers expected nothing less: a pronounced first-quarter surge in market share for balance-sheet lenders.
Bans on default insurance and insurance premium in... Read More...
Lender rate sheets used to be simple.
Over three dozen government mortgage regulations later, lender rate sheets now look like:
Insurance rule cha... Read More...
There's going to be a lot of Home Capital Group (HCG) announcements as this story unfolds in coming days. We'll track them here...
Update #7: April 28, 3:35 P.... Read More...
Robert McLister is one of Canada’s best-known mortgage experts, a mortgage columnist for The Globe and Mail, Founder of intelliMortgage Inc. and RateSpy.com.
