Olivia D'Orazio

Olivia D'Orazio

I write for Mortgage Broker News. Ask me anything about Canadian real estate!

Contact me via email: [email protected]

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Get your mortgage at… Walmart?

It might seem like the ultimate “odd couple” pairing, but it’s one that could see this mom-and-pop brokerage grow into an industry behemoth

Top Canadian business school to be named after mortgage superstar

One of the industry’s leading players will soon see his named blazoned on a Canadian university’s business school following a massive donation

Are referral partners to blame for broker missteps?

One seasoned broker is suggesting pressure from referral partners often leads inexperienced mortgage agents to skirt the margins and embellish income statements.

Low interest rates spawn prepayment trend

Low interest rates and the push to squirrel away money for retirement have their most cautious clients adopting a risky strategy around mortgage repayment, say brokers.

Where are refinances from the rate cut?

The Bank of Canada handed brokers a gift with its move to cut the overnight rate, but mortgage professionals are having trouble finding the usual uptick in refinances.

Broker deals scuttled by credit bureau mistakes

Clients facing increasingly tight deadlines to secure mortgages are getting tripped up by credit bureau mistakes that take too long to remove, say brokers.

Mortgage product a potential pitfall, say brokers

Brokers may be increasingly hungry for business, but not enough to help first-time buyers into a product many blame for the U.S. market collapse.

Double LTT stifling big city’s mortgage business

Industry veterans are pointing to one city’s second land transfer tax as a major drag on the market, especially considering the CMHC’s increased insurance premiums, which took effect on June 1.

Bank demands mean more educating for brokers

Client education is back in the spotlight as banks continue to tighten the purse strings when it comes to lending to self-employed clients.

Road reps badmouth broker credit checks

Some mortgage specialists appear to be misleading clients concerned about their credit score in an attempt to erode a key value proposition for brokers.