While OSFI's Guideline B-20 was creating headaches for most lenders, it spelled opportunity to RFA Capital. The regulatory change, one of Canada's biggest ever,... Read More...
What do you do when your competition has a 32-year head start?
If you’re Equitable Bank, you pay brokers 150% more than normal.
That’s the surprising move... Read More...
Manulife officially entered the broker space two-and-a-half years ago to much fanfare. As a balance-sheet lender, brokers expected a wide array of balance-sheet... Read More...
Dominion Lending Centres (DLC) founders Gary Mauris and Chris Kayat have announced a letter of intent to retake control of their company, of which they sold a m... Read More...
Here’s part II of my summary of last week’s Digital Mortgage Conference in Las Vegas. (See Part I here)
If attendance figures are any guide (1,500 this year ... Read More...
“If you don’t view yourself as a technology company that does mortgages, you’re missing it.”—Bill Emerson, Vice Chairman, Quicken Loans
That quote ... Read More...
A whopping 89% of broker volume was routed to the top 10 lenders in Q2, according to reported Finastra data.
That's the most on record, going back to when we... Read More...
OSFI is tightening mortgage lending again. But this time, it’ll be less impactful for consumers.
The banking regulator issued its final Mortgage Insurer Capi... Read More...
Innovative mortgage products. Remember those?
With Ottawa's onslaught of rule tightening, it’s been a while since we’ve seen a new product that was substanti... Read More...
Credit unions saw their slice of the broker pie shrink in Q1. That comes despite OSFI's January 1 stress test, which played right into their hands given they ar... Read More...
Robert McLister is one of Canada’s best-known mortgage experts, a mortgage columnist for The Globe and Mail, and Founder of mortgage broker intelliMortgage Inc., RateSpy.com, a website comparing Canada's best mortgage rates and the reverse mortgage advisory firm, Seniors Equity.
