Category: News

Over 30 Full-Timers and Still Growing — Read Our List of Job Openings

After the successful launch of Level, our new down payment verification tool, at MPC in November, we’re gearing up for a big 2018. Join Team Lendesk When we moved into our Yaletown headquarters, it was to give us room to expand and continue to build the best in mortgage technology. And the bricks and beams… Read more »

Are B-20 Regulations Causing a Real Estate Rush?

By: Penelope Graham, Zoocasa Is the looming threat of tougher mortgage qualification sparking a mad real estate buying rush? It would appear pending B-20 regulations, which will go into effect on January 1st, are fueling a short-term uptick in sales activity following several months of decline. Unseasonably strong numbers have been noted by several real… Read more »

Who Are Canada’s Real Estate Investors? (Report)

By: Penelope Graham, Zoocasa In rapidly appreciating Canadian housing markets, there is no figure more vilified than the real estate investor. Whether a foreign buyer who edges out locals only to leave a property standing empty or a domestic speculator driving up condo prices via assignment sales, investment practices are a popular scapegoat for crumbling… Read more »

Home Buyers Falling Through the Cracks of the Sold Data Divide

By: Penelope Graham, Zoocasa It’s a home buyer’s worst nightmare: They’ve won a fraught bidding war in an increasingly popular neighbourhood. Each house on the respective street has sold for more than the last, and the buyer has gone over budget – dropping all financing and inspection conditions – to get ahead. When it comes… Read more »

Why Are Conventional Mortgages Getting More Expensive?

By: Penelope Graham, Zoocasa In mid-January, the Canada Mortgage and Housing Corporation (CMHC) announced it was increasing the premiums for mortgage default insurance. That they hiked rates is nothing new – the Crown housing agency raised premiums by 15% in May 2014 and June 2015 as part of efforts to reduce its insurance-in-force and the… Read more »

The Top 4 Mortgage Questions You’ll Be Asked This Fall

This article was written by guest author Penelope Graham, of Zoocasa. It hasn’t been an easy autumn for mortgage shoppers. A slew of new rules that impact mortgage qualification and affordability have gone into effect – and borrowers are looking to navigate these changes amid an evolving real estate market. Working with a mortgage broker… Read more »

A Canadian Mortgage Broker’s Guide to Social Media

Introduction At the Mortgage Broker conferences we’ve attended these past few years, the Broker community has seemed to be divided on the effectiveness of social media for marketing. And with good reason: for every Broker who is enjoying success by sharing on social media, there are dozens who aren’t seeing a return for their time…. Read more »

How Augmented Reality (AR) Will Change the Housing Industry

Photo by Robert Couse-Baker It’s easy to poke fun at all the gamers wandering around with their phones playing the hit new augmented reality (AR) app that has users wandering around trying to “catch ‘em all.” But look a little deeper and you’ll see that these games are the first sign of a big change in… Read more »

Paperless Mortgages Just Scored Two Big Wins in the US Court System

Thanks to two key decisions in US courts, electronic signatures and paperless mortgage documents may have just had their watershed moment. As reported in the US publication National Mortgage News, two separate properties, one in New York and one in Florida, were being foreclosed upon, and in both cases, the loans were originated without paper…. Read more »

Ask a Broker: The New Podcast from I Love Mortgage Brokering

We love Mortgage Brokers, and to show it, we’re sponsoring a new podcast from I Love Mortgage Brokering. Hosted by Scott Peckford, Ask a Broker puts a mortgage pro in the hot seat, and they answer your questions. You can submit your questions on the ILMB site, and if yours is selected, there’s even a… Read more »