For the first time in a decade, the Accredited Mortgage Professional designation is undergoing some major changes meant to strengthen the brand. But will they? John Bargis, VP of Mortgage Edge and former CAAMP chair, weighs in
The broker channel can chalk up a win for monolines following Tuesday’s budget meeting, with Finance Minister Jim Flaherty taking steps to arm “smaller banks” with the tools to better compete with the big banks.
Many of Canada’s big banks offer clients the opportunity to skip payments on their mortgages. While this can work to their advantage, mortgage brokers are not big fans of strategy.
