February 20, 2020 In January the Teranet–National Bank National Composite House Price Index™ edged up 0.1% from the previous month, a so-so showing for a month of January. In only…
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The Mortgage Brokerages, Lenders, and Administrators Act (MBLAA) was recently reviewed by the Ministry of Finance — and came back with seven recommendations for change. These recommendations focus on the…
Innovative mortgage products are always exciting to hear about, particularly when they provide something new and necessary for homeowners. Haventree Bank’s new NextJob Program is a powerful example of financial…
Building permits are on the rise in Canada, particularly in cities with limited housing supply, such as Toronto and Vancouver. As less supply is available, more people are turning to…
Mortgage fraud continues to be a problem across Canada, particularly as reports of money laundering increasing in the country come in. While some provinces, such as British Columbia, are introducing…
Empowered underwriting — what is it? It can be the secret to both increasing your team’s profitability and performance. Inefficient workflows, bottlenecks, and outdated processes can all slow down mortgage…
Many financial institutions rely on property appraisals for their property valuation and mortgage due diligence needs. While property appraisals are a valuable information source, if you are relying solely on…
Finding mortgage leads and closing deals can sometimes have a disconnect. While finding more mortgage leads is positive, if those leads are not qualified it might not result in more…
Is reform coming to Canada’s mortgage stress test in 2020? The Canadian B-20 Guidelines have received mixed reviews since launching an update that included uninsured mortgages in January 2018, with…
Quarterly Canadian bank earnings in the residential mortgage portfolio often reveal wider trends for the Canadian mortgage market. 2019 Q3 was no exception. In the third quarter of 2019, most…
