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News
10 reasons every Canadian broker should be at MortgageFest Canada in 2026
1+ day, 5+ hour ago (805+ words) MortgageFest Canada, the world's largest mortgage festival, arrives at the International Centre in Toronto on September 23 and 24 — two full days, two stages, and a line-up that covers everything pressing the Canadian mortgage industry right now. The event is the successor…...
Morgan Stanley wealth unit pressured staff to approve risky home loans
1+ day, 8+ hour ago (500+ words) A whistleblower has alleged systemic pressure on mortgage staff to approve suspect loans Mortgage employees at Morgan Stanley's private banking division were pressured to approve home loans for wealthy clients even when applications raised serious underwriting concerns. The finding comes…...
Msquared Capital fits out team amid strong broker channel growth
1+ day, 11+ hour ago (414+ words) Private credit player Msquared Capital has promoted Michael Volkiene (pictured, right) to the newly created role of chief commercial officer and added to its origination team across the eastern seaboard. The expansion comes as the group surpasses $1.5 billion in capital…...
FMA flags "significant lift" in mortgage fraud cases
2+ day, 11+ hour ago (399+ words) Fraud complaints climb from one a year to 21 The Financial Markets Authority has flagged a marked rise in mortgage fraud, with chief executive Samantha Barrass (pictured) telling the inaugural Financial Advice New Zealand Policy Summit that the regulator has seen…...
BNZ denies "squeezing out" brokers as ad campaign sparks industry backlash
3+ day, 9+ hour ago (493+ words) New "Clever goes direct" campaign draws accusations of undermining the adviser channel A new BNZ advertising campaign has triggered a public spat with the mortgage broking industry, after brokers accused the bank of trying to steer customers away from independent…...
Does Blackstone have a target on Australia's mortgage market?
3+ day, 11+ hour ago (681+ words) US private credit giant reportedly eyeing an 11-figure takeover of domestic mortgage book US private credit giant Blackstone is set to acquire HSBC’s $30 billion-plus Australian loan book, according to an AFR report. If confirmed, it would represent the largest-ever takeover…...
Why more Canadians are choosing brokers over banks in 2026
6+ day, 7+ hour ago (691+ words) MPC survey finds broker use jumped six points in a year, with first-time buyers leading the shift The share of Canadians who obtained their mortgage through a broker climbed to 38% in 2026, up six percentage points from the previous year, with…...
Where the real work gets done at MortgageFest Canada
1+ week, 6+ hour ago (568+ words) The Insights Stage promises two days of sessions built for brokers who want practical answers, not presentations MortgageFest Canada, the rebranded evolution of the Canadian Mortgage Summit, arrives at the International Centre in Toronto on September 23 and 24, with more than…...
Brokers who only offer conventional products are leaving a generation behind, exec says
1+ week, 1+ day ago (799+ words) A mortgage executive says brokers who don't offer reverse and non-QM products are missing a generation of borrowers At a time when some pipelines may be slowing due to elevated interest rates, there is a large group of potential customers…...