The estimated value of a property can be a big determiner for whether a prospect decides to sell their home or not. If the value is too low, they might…
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The ongoing COVID-19 pandemic has elevated mortgage underwriting risks to unprecedented levels. Normal due diligence methods need to be adapted and scalable to keep up with the changing times —…
Housing supply is an ongoing issue in many parts of Canada. In 2019, the number of existing homes available for purchase hit a 12-year low. Housing starts were down slightly…
“With competitive intelligence data from LendView, Home Trust has been able to transform the way we do business,” said Domenic Cosentino, VP, Production & Portfolio Management at Home Trust. “LendView…
The novel coronavirus (COVID-19) is changing how the world does business — including real estate. Staying home as much as possible is advised by many public health authorities. This means…
Property data tools can make all the difference for mortgage brokers, but how can you tell which ones are best? In general, the best mortgage broker solutions will allow your…
At the October 2019 Teranet Market Insight Forum, data usage was front of mind. Mortgage Professionals Canada CEO Paul Taylor memorably said, “Data is the new bacon.” One audience member…
As the COVID-19 pandemic continues, it is critical that Canadians follow public health guidelines — including physical distancing. However, some businesses must continue operating for essential services. In many areas…
AVMs – automated valuation models – can be the secret solution that makes a more competitive lender. AVMs allow lenders to estimate property value based on a mathematical algorithm. While…
As transit expands in Canada, housing options are also growing. In southern Ontario, there have been several recent transit projects that are making commuting more accessible. GO Transit, the TTC,…
