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Mortgage Professionals Canada Gets New CEO

January 6, 2016 7 Comments

After a 5-month search and a laborious selection process, Canada’s largest mortgage association finally has a new executive leader. Mortgage Professionals Canada announced today that,

Q4 2015 Bank Earnings – Mortgage Morsels

December 15, 2015 2 Comments

Just when you thought profits at the Big Banks couldn’t soar any higher, they do. And then some. The Big 6 Banks earned a whopping

Lender Call Roundups

December 8, 2015 1 Comment

If you’re a mortgage industry watcher, you’ll find occasional wisdom in the earnings calls of Canada’s non-bank lenders. So we’ve decided to cherry-pick some of their soundbites and post

2015 Mortgage Forum Wrap-Up

November 23, 2015 No Comments

Last week Mortgage Professionals Canada (formerly CAAMP) hosted the mortgage industry’s biggest annual gathering of mortgage professionals. The event took place at Metro Toronto Convention Centre,

CAAMP Becomes Mortgage Professionals Canada

November 16, 2015 12 Comments

CAAMP – that awkward acronym that we all secretly loved to hate – is officially no more. As of today, the Canadian Association of Accredited

Explicit Compensation Disclosure – Part II

October 23, 2015 26 Comments

It’s shaping up as one of the most pivotal and contentious regulatory issues ever faced by mortgage brokers in B.C. As noted in yesterday’s story,

FICOM Proposes More Compensation Transparency

October 22, 2015 31 Comments

How would you like to know what your mortgage broker is earning on your mortgage? In B.C., you may soon find out. The mortgage broker

No Warning

October 13, 2015 5 Comments

As a broker, most lenders give you a heads up before they raise rates. It’s a professional courtesy, and an important one. Advanced notice of

Firmwide Data From DLC

September 26, 2015 8 Comments

As the largest mortgage broker firm in Canada, Dominion Lending Centres (DLC) collects loads of valuable statistics. So when we asked for data on how mortgage

Q3 2015 Bank Earnings – Mortgage Morsels

September 7, 2015 5 Comments

To no one’s amazement, Canada’s Big 6 Banks made money again last quarter, despite a recession triggered by the oil patch. More interesting than their

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