Justin Da Rosa is a journalist with Canadian Mortgage Professional.
Despite many reports to the contrary, one big bank is maintaining Canada is not in a recession – but the Bank of Canada may still move to slash rates
Home Capital is confident it will close on its proposed purchase of CFF Bank, despite a competing bid from a player with a profound knowledge of the upstart lender
With a growing number of originations falling apart in the eleventh hour, one industry player is calling for a broker-appointed watchdog focused on holding lenders accountable
The mortgage REIT chaired by a former CFF executive is now laying out the details of its bid for CFF Bank – even as Home Capital awaits a decision on its own offer.
MortgageBrokerNews.ca has obtained closing documents that illustrate the unnecessary instructions so frustrating to real estate lawyers and leading to extra fees for monoline clients
It’s all speculation at this point, but brokers operating CFF Centres argue a reported bidding war for CFF Bank could benefit them
One big bank is crediting its employee financing campaign with helping to drive impressive mortgage growth
One broker has carried out analysis of closing documents and come up with tangible reasons for why some monoline files saddle clients with extra fees
A growing number of files are being sent back by lenders with demands for additional information but with too little time to meet closing, argues one industry veteran
It’s a mortgage-related product brokers say they don’t have enough access to, and it’s one that has helped a Big-Six bank chalk up impressive quarterly profits