Lendesk, a tech company that electronically connects mortgage brokers to lenders, recently partnered with another mortgage technology firm Intellifi to create a more efficient document-sharing system. When we first saw the press release, it didn't fully hit us as to why this news was relevant. And we probably

The real estate start-up that pledged to buy your home at a guaranteed price if it didn't sell has shelved that offer. The company attributes the decision to "unprecedented volatility in the Canadian housing market." And with CREA's national average home price tumbling 25%

It seems that rising rates may coincide with higher market share for mortgage brokers. New BoC staff research finds that "an increase in the bond rate represents an increase in the cost of funding, and this is correlated with an increase in broker-use." But this report, released last

Low-cost leads are essential to online mortgage providers, many of which sell at razor thin margins. Nesto, a direct online lender, knows this as well as anyone. In fact, we hear it tried to buy at least one existing rate comparison site but the terms were not favourable. Now we