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An influential BoC exec is putting forth an argument that may upset the housing bears
They’re a major source of broker business, and key information about this lucrative segment has been revealed
A bank has already urged the new finance head to rein in the housing market, and one broker – perhaps surprisingly – thinks it may not be such a bad idea
Manulife will soon be the newest broker partner, and the bank has revealed further information about its plans for the broker channel
Canada’s brokers have influential partners in their corner, with personal finance experts using their influence with consumers to make the case for independent mortgage advisors
Brokers will soon have a new lending partner, and industry professionals are already anticipating what the bank can offer
Common-sense underwriting has gone out the window, according to one industry professional
Brokers across the country say this has been one of the busiest years to date, and one lender recently told industry professionals it will no longer lend any more mortgage funds this year
Younger buyers are more at risk in the event of price declines, but brokers are up to the task of properly preparing them for such an event
Home Capital has specified how much capital it has injected into CFF, and what it plans to do with the newly acquired Schedule I bank