Industry News

Bank using cash back to lure mortgage customers – an article by Mal Eccles, CMBA Chair, Regulatory Affairs.

Opening remarks by OSFI to the House of Commons Standing Committee on Finance re: the study of the Canadian real estate market and home ownership, on Jan. 30, 2017.

CMHC has released the summary of their consultations with Canadians for a National Housing Strategy.

FSCO’s bulletin about “Your responsibilities to prevent mortgage fraud” sent Nov. 4.

Fall edition of the MBRCC Newsletter, reveals new Strategic Plan, plus final stages of Disciplinary Database and new course accreditation standards program for brokers.

Summary of new qualifying rules for mortgages announced by the Federal Government on Oct. 3.

OSFI expects banks to tighten up underwriting and due diligence by November 1st.

Setting the record straight about syndicated mortgages – an article by David Mandel, Vice President of First Source Mortgage Corporation and former IMBA President.

The summer edition of the MBRCC Newsletter, including new Executive committee announcements, licensing course review and provincial updates

On May 31, IMBA (now CMBA) sent this response for input towards FSCO’s Statement of Priorities 2016 highlighting the need for more frequent industry meetings, higher educational standards and disseminating disciplinary information.

FSCO’s 2014 Annual Information Return Results Summary Report. This report summarizes the responses collected from 1,148 mortgage brokerages and 122 mortgage administrators.