Banks to be more transparent with controversial product | Brokers disagree fee-based compensation will lead to better underwriting | Are your mortgage brokering business ethics up to par?

View web version | Forward to a colleague       04 September 2014     Committed to industry news, opinion and analysis           Banks to be more transparent with controversial product   A major broker gripe about a big bank mortgage policy has finally been addressed by Finance Minister Joe Oliver and more transparency about the practice is forthcoming.   Read more       Brokers disagree fee-based compensation will lead to better underwriting   Canadian brokers don’t buy the premise that a move from an up-front commission-based structure to a fee-based model will provide better loan quality.   Read more       Are your mortgage brokering business ethics up to par?   The Global Financial Crisis has fundamentally changed how the financial services industry approaches a number of issues, one of which is ethics.   Read more       Alternative lender announces prime offering   At a time when lenders are increasingly focusing on alternative lending, one bank – known for its alternative offerings – has announced new prime products.   Read more       BoC maintains overnight rate; hints at eventual change   The Bank of Canada announced Wednesday it will maintain its target for the overnight rate; days before the fourth anniversary of BoC upping it to one per cent.   Read more       Tipping the balance: How to stop work taking over your life   There’s always more work to do, but there’s also more life to be enjoyed outside of work.   Read more

 

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