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News Headlines - mortgage brokers


New mortgage technology only enhances value of brokers
Technology is the best thing that has ever happened to the mortgage industry. Any industry, really. As mortgage companies consistently build and launch innovative tools and programs designed to gain momentum in market share, it's clear that technology ...


Mortgage brokers begin to 'test the waters' with Home Capital
Many mortgage brokers were forced to find alternatives after nervous depositors yanked funds from Home Capital accounts, leaving its Home Trust subsidiary with a massive liquidity crunch which raised questions about their ability to fund mortgages.

Realtor.com News

What Is a Mortgage Broker? Welcome to Your Personal Home Loan Shopper
Realtor.com News
The primary benefit boils down to choices: While a bank can offer only its own proprietary products and a single interest rate, a mortgage broker acts as a clearinghouse, shopping multiple lenders simultaneously to find different terms and rates on ...

Trusted Mortgage Brokers Turns Out To Be the Dependable Mortgage Resource in the UK
(MENAFN Editorial) Albany Street, London (June 23, 2017) - Trusted Mortgage Brokers is the best resource for anybody looking for some useful guides on the mortgage in the United Kingdom. When it comes to home shopping and even for other important ...

Arkansas Business Online

Bond Claims Change for Mortgage Brokers (Vic Lance Expert Advice)
Arkansas Business Online
Arkansas mortgage brokers and other financial professionals in the state have to comply with new licensing and bonding rules. The changes were introduced by a new piece of legislation — House Bill 1801, now Act 669 of 2017 — which took effect March 27.

Wall Street Journal (subscription)

Does Anyone Remember How to Make a Subprime Mortgage?
Wall Street Journal (subscription)
Brokers willing to learn the lost art of making risky mortgages are in demand again. Brandon Boyd was a high school junior during the financial crisis. Now, the former Calvin Klein salesman is teaching mortgage brokers how to make subprime loans. Mr ...

Financial Post

Mortgage brokers are loosening ties with Home Capital as it fights ...
Financial Post
Home Capital Group Inc. is losing touch with a constituency crucial to its survival: brokers who feed the book of business at Canada's embattled mortgage lender ...

and more »

New York Times

Warren E. Buffett Comes to the Aid of a Big Canadian Mortgage Lender
New York Times
When big financial companies have needed a rescue over the years, one man has often stood at the ready: Warren E. Buffett. Mr. Buffett, the billionaire investor and chief executive of Berkshire Hathaway, has proved time and again that he is willing to ...
Short-Seller Nailed Home Capital, Then Got Stung by BuffettBloomberg
Buffett's new mantra is 'bad stocks at good prices'; what happened to 'good stocks'?Economic Times
press release - Home Capital GroupHome Capital Group

all 132 news articles »

Mortgage Broker News

Association provides feedback on bank regulation
Mortgage Broker News
“The CMBA urges the government to take action to ensure that bank mortgage brokers comply with certain provincial consumer protection statutes that govern areas of exclusive provincial jurisdiction, such as mortgage broker licensing,” Samantha Gale, ...

Another View: 'Fluff' piece misleads readers about Maine mortgage lenders
Press Herald
Your estimation of market share of banks versus non-bank lenders is inaccurate because it does not take into account all the loans closed by mortgage brokers. The loans we originate do not close in our own name but in the names of the many secondary ...

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