New measures will help borrowers prepare for higher interest rates
New data indicates homeowners are borrowing less, not more, than they can afford to borrow
Mortgage lenders have a responsibility to self-regulate
Mortgage broker education and experience exemption also set to expire
Product shows consumers how to reduce interest paid on a mortgage
Many only use a quarter of the time available, limiting chance to secure the best rates
Ontario legislation will hamper sales, some independent brokers say
Bank intends to grow third-party mortgage origination channel
Daniel Putnam is the new president of MortgageBrokers.com Financial Group of Companies Inc., the company announced Tuesday.Putnam has over 22 years of experience in the Canadian mortgage industry. Prior to joining MortgageBrokers.com, he was head of sales for Macquarie Financial. Prior to Macquarie, Putman was president of Mortgage Centre Canada, one of Canada’s largest mortgage […]
The Financial Services Commission of Ontario announced a series of webinars for principal brokers, designed to prepare them for new business rules and regulations coming into effect on Jan. 1, 2009.Principal brokers serve as mortgage brokerages’ chief compliance officer, FSCO notes. To help understand how to comply with the new rules and regulations, FSCO is […]