by Martin Rumack | Sep 12, 2016 | Legal Issues
Those of you who have mortgages may know that the federal Interest Act contains a section that expressly governs post-default mortgage interest rates. Specifically, Section 8 of that act prohibits a lender from imposing a “fine, a penalty or a rate of interest” that...
by REM Editorial Team | Jun 8, 2016 | Letters to the Editor
I write on behalf of the Canadian Mortgage Brokers Association, which is an association representing mortgage brokers and their lender and service partners throughout Canada. We are concerned that this article (“Help your clients with mortgage shopping”)...
by Martin Rumack | Apr 26, 2016 | Columnists, Featured
By definition, real estate professionals are on the front line of the home-buying process with their clients. They are called upon to explain the process, to find them the right home and then – alongside the involved lawyers – to help shepherd them through the actual...
by Lorne Collis | Feb 11, 2016 | Featured, Guest Columns
Dominion Lending Centres has purchased Mortgage Architects, making it the largest mortgage originator in Canada. Quoting from a recent REM article, “Dominion Lending Centres (DLC) says it is now the largest mortgage originator in Canada after acquiring Mortgage...
by Lorne Collis | Nov 2, 2015 | Guest Columns
The role of a mortgage broker is to provide their client with the best possible mortgage for which they qualify. That doesn’t always translate into the lowest rate. But GDS, TDS, LTV and all of the other industry acronyms aside, what is the best mortgage for your...