MortgageBrokers.com Holdings Inc. announced today that it has entered into a 10-year integrated licensing and marketing agreement with RE/MAX Ontario-Atlantic Canada Inc., the largest real estate brokerage network in Canada.

“By aligning ourselves with RE/MAX, we have a unique opportunity to capitalize on the power associated with the RE/MAX brand,” said Alex Haditaghi, CEO of MortgageBrokers.com, in a release. “The agreement, effective June 1, 2006, will clearly accelerate MortgageBrokers.com’s expansion across the country.”

According to the agreement, RE/MAX and MortgageBrokers.com have entered into a strategic alliance to launch MortgageBrokers.com’s mortgage origination business model to RE/MAX’s franchisees. As part of the alliance, RE/MAX and its franchisees have been provided an opportunity to invest up to $6 million in MortgageBrokers.com Holdings Inc. through a private placement.

“RE/MAX agents close three times more deals than the industry average, and outperform the competition in virtually every market in Canada. We believe this partnership could propel MortgageBrokers.com to become a significant force in the North American mortgage market,” Haditaghi said.

“The Canadian real estate landscape is changing. We’ve been on the lookout for a breakthrough concept for quite some time,” said Michael Polzler, executive vp, regional director, RE/MAX. “The mortgage solution proposed by MortgageBrokers.com held our attention from the onset because it allowed our realtors to take control of ancillary services.”