We can now officially report that BMO will resume selling mortgages through brokers. As MLN broke on May 12, BMO is re-entering the channel it departed in 2007. The bank is easily the most recognized lender to partner with brokers in years. We spoke with BMO's Head of

Qualifying for a mortgage takes a lot more strategy than it used to. And banks are no longer the right move for millions of Canadians, as this chart below illustrates. The share of mortgage business now flowing to credit unions, private/MIC lenders, and other non-banks is remarkable. Federal policy

Few Canadians understand how crucial the Canada Mortgage Bond (CMB) program is to facilitating more mortgage options and lower rates. Given all the government-imposed costs and limits on the CMB and #NHA MBS# programs since the #GFC# (wow, that's a lot of acronyms for one sentence), we wonder

Mortgage originators all feel how tough it is out there. But the latest stats put the challenge in perspective. "The entire mortgage originations pie has shrunk by 42%," says veteran broker Jim Tourloukis of Advent Mortgage Services, citing first-quarter Equifax data on new mortgage volumes. And not only