mortgage professionals canada

Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud

April 12, 2024 7 Comments

The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency.

Ottawa to allow 30-year amortization for first-time buyers’ mortgages on new homes

April 11, 2024 2 Comments

Advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers.

Remembering Michael Ellenzweig and his contributions to Canada’s mortgage industry

March 1, 2024 2 Comments

Michael Ellenzweig aspired to be a mortgage broker ever since the age of 13. The rest, as they say, was history.

Clock ticking to private mortgage course deadline

The clock is ticking for Ontario brokers wanting to arrange private mortgages

November 16, 2023 No Comments

A reminder to Ontario brokers wanting to arrange private mortgage deals in the new year: the deadline to complete the new licensing requirements is quickly approaching.

House of Commons Standing Committee on Finance

Mortgage industry reps provide feds with proposals to address housing affordability

November 10, 2023 3 Comments

Representatives from Canada’s mortgage industry presented the federal government with several proposals they say will help address the country’s housing affordability crisis.

Celebrating excellence: New inductees join the Mortgage Hall of Fame

October 18, 2023 No Comments

Canada’s mortgage industry came together on Monday night to honour this year’s three newest inductees into the Mortgage Hall of Fame.