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

Canadian housing affordability is just about the worst ever. That's especially problematic for first-time buyers who: * can barely scrape together the minimum 5% to 7.5% down payment * have strong credit and solid employment * have debt ratios above the 39% #GDS#/ 44% #TDS# insurer limits * can't

In a competitive mortgage market, brokers sometimes have to take the road less travelled. That includes trying lenders they wouldn’t usually think of. One lender that most brokers don’t think of is Shinhan Bank Canada, a subsidiary of Korea’s second-largest bank by assets. But it may pay

Multiple online brokers have launched in-house lenders in recent years. But this one's different. This one is Rocket Mortgage Canada, sister company to Rocket Mortgage, the largest retail lender in the United States, with $133 billion (USD) in originations last year. Rocket Canada's shiny new lender