Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Canadian Association of Mortgage Professionals + MORE Sep 17th
Company: Canadian Association of Mortgage Professionals (CAAMP) Position: Chief Executive Officer Location: Toronto, ON Chief Executive Officer The Canadian Association of Accredited Mortgage Professionals (CAAMP) is the recognized voice of Canada’s mortgage broker channel, and the leading authori.... More »
Banking regulator to hike amount of capital lenders must hold against mortgages + MORE Dec 13th
Canada's top financial regulator wants to update the rules that govern how much capital lenders must hold to offset the risk that the residential mortgages on their books go bad..... More »
Death, Taxes, and Interest Payments: Part 2 + MORE Jul 1st
There are some things in life you can’t avoid, but only two things you can’t avoid paying for: taxes and interest payments. In Part 1 of this series, we looked at owning a rental property as a great way to build your net worth while reducing your taxes. Now, in Part 2, we’ll be turning to inte.... More »
Rising expenses driving Canadians to offload U.S. real estate + MORE Sep 19th
While politics play a role, brokers say rising costs, currency pressures and mortgage realities are the real forces driving Canadians to sell U.S. property — with many looking to reinvest at home..... More »
Debt Consolidation Tip: Pay less interest! + MORE Feb 22nd
The beginning of the year is typically tough financially for most of us. Holiday bill payments, RRSP contributions, property tax bills, etc. And, if you’re self-employed, you probably have to make some sort of business tax or corporate tax payment. If December is the Holiday Season, then Janua.... More »
Vector Management Limited / Vector Financial Services Limited
– canadianmortgagetrends.com
Company: Vector Management Limited / Vector Financial Services Limited Position: Analyst, Commercial Mortgages Location: Toronto, ON Analyst, Commercial Mortgages Years of experience required: 2 – 3 Licences or registrations as a mortgage agent required? No, but will be an asset. How to apply: Email cover letter and resume to carol-anne@vectormanagement.com with “Analyst, Commercial Mortgages” in the subject line. Be sure to tell us why you believe yourself to be the perfect fit. Job Description The Commercial Mortgage Analyst role works to assist the Underwriter with analysis of commercial mortgage investments. This is a position that requires team work READ MORE
Verico Spin Mortgage Corp.
– canadianmortgagetrends.com
Company: Verico Spin Mortgage Corp. Position: Mortgage Administrator (Growth Position) Location: Victoria, BC Mortgage Administrator (Growth Position) Experience: Previous experience an asset, but not required Licenses: Not required initially Contact: https://spinmortgage.com/contact/ Description: Spin Mortgage Corp. was founded in 2013 in Vancouver, BC. We are a web-based, high volume mortgage shop with offices in Toronto, Vancouver, Calgary and Victoria. This individual is expected to become licensed (will be reimbursed) within 3 months and will begin as an administrative assistant with the opportunity (and expectation) to advance into an underwriter position. This individual does not need to have mortgage or real estate READ MORE
Anti-Fraud Guidelines from FSCO
– canadianmortgagetrends.com
Hundreds of millions of dollars are lost to mortgage fraud each and every year. That cost and a recommendation from Ontario’s Minister of Finance has prompted the Financial Services Commission of Ontario (FSCO) to step up fraud prevention. One of the regulator’s strategies in this fight is education. To meet that goal, FSCO recently issued a fraud prevention checklist developed in cooperation with industry stakeholders (see it here; see the FAQs here). If you’re a mortgage agent, it should be required reading. Not only does it help protect your clients, your lenders and you as a mortgage professional, but it READ MORE
