CIBC reports strong fiscal Q1

A client-focused app…

TD Bank announces robust Q1 resu…

Demonstrating sustai…

Calgary Real Estate Board reveal…

The Calgary Real Estate …

RBC reveals Q1 financial results

Sustained strength i…

National Bank sees double-digit …

Continuing the trend…

Bank of Canada monitoring hot ho…

Bank of Canada gover…

BMO reports strong fiscal Q1

Bank of Montreal has…

CMHC issues warning over borrowe…

Most homeowners who …

Scotiabank fiscal Q1 results boo…

Bank of Nova Scotia …

Bond Yields Surge, Mortgage Rate…

Canadian bond yields hit…

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Tag Archives: Private. Alternative

Private mortgages and “A” borrowers: A winning combination

There was a time, not too long ago, when mortgage investment corporations (MICs) and other private lenders were viewed as shadowy presences haunting the outer fringes of the mortgage industry, waiting to swoop in and take advantage of desperate borrowers by plying them with solutions whose mechanics (and fee structures) they couldn’t understand. Using a [&hellip…

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Non-bank lenders see spikes in mortgage arrears rate

Canada’s non-bank lending sector has seen its mortgages in arrears (over 90 days) spike by 20.13% annually, data from Statistics Canada showed. Non-bank lenders reported 4,392 mortgages in arrears in this category as of Q2, with a total balance of $1.08 billion (up 31.81% year over year). This accounted for 0.26% of non-bank lenders’ total [&hellip…

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