Lenders across the country are trying to build their own versions of the evolutionary, if not revolutionary, Rocket Mortgage.
But there’s one problem. Unlike... Read More...
Despite a decade of double-digit growth, HomeEquity Bank has zero meaningful competition.
Remember these guys (Seniors Money)? They lasted only a year.
Bu... Read More...
Whaddayaknow? Scotiabank's #1...again.
The broker channel's most-used lender racked up even more market share in Q3, courtesy (in part) of Finance Canada's c... Read More...
The most important company in Canada’s non-prime mortgage market today is Home Capital. Not because it’s the #1 lender by volume (that honour goes to Equitable ... Read More...
Most of the financial world is already heavily invested in online distribution.
And then there’s the mortgage business.
Our industry is scampering to catc... Read More...
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...
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.
