Woman found guilty of mortgage fraud
One Alberta woman has been found guilty for her part in a mortgage fraud, despite previously claiming there was no evidence to support the fraud allegations
2015: Busiest year ever in one market
It’s already been the best year on record for this one booming market, but have brokers benefited?
Lenders look to increase commercial real estate allocation
A comprehensive industry survey suggests lenders are still bullish on the Canadian real estate market
Brokers scoff at O’Leary’s housing take
He may have a large platform, but Kevin O’Leary’s track record when it comes to speculating the housing and mortgage markets isn’t exactly sterling
CMHC’s foreign ownership stats lacking, but a step in the right direction
There are issues with CMHC’s methodology in calculating foreign ownership, according to a leading economist, but the Crown Corporation’s efforts are certainly appreciated
Brokers suggest slight tweak to proposed rule change
While brokers aren’t reproaching the DoF for its rumoured down payment changes, they are certainly providing advice on how to best implement the change
More bad news for oil country
It seems falling home prices aren’t the only problem for broker clients out West, as recently released data points to poorer-than-average performance on another front
New down payment guidelines may be in the works
The Department of Finance is reportedly recommending raising minimum down payments to 10% for certain buyers; what are brokers saying?
Lawyer accused in fraud case wins new hearing
A lawyer who had his license suspended by the Law Society of Upper Canada, for allegedly participating in mortgage fraud, may soon practice again
How much have oil declines impacted housing?
One broker lender is sharing foreclosure stats that show just how much of an impact flagging oil prices have had