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Topic & Comments
Conference Board Highlights Lessons From The Financial Crisis And Recession In New Book by | 2011-04-06 9:21:15 AM

The extraordinary financial meltdown in 2008 and resulting recession demonstrated that in an age of economic and financial globalization, the design of public policy played a critical role in the events. Poor public policy created the conditions for the crisis, while good public policy shaped the exceptional actions to deal with it.read more

Brokers see uptick in house purchases by | 2011-04-05 12:22:06 PM

Climbing resale housing activity is the result of consumers trying getting a jump on mortgage rule changes being implemented by the federal government in March.read more

Brokers: TD rate hike signals industry shift by Vernon Clement Jones | 2011-04-05 6:24:41 AM

The move by TD Bank, RBC and CIBC to raise rates on fixed mortgages because of rising bond yields may result in a temporary boon for lenders able to resist following suit in the next 24 to 48 hours, said industry professionals reacting to Monday’s move.read more

Broker: TD shift to business lending a good thing by Vernon Clement Jones | 2011-04-05 5:24:37 AM

TD Bank’s plans to use a significant uptick in business lending to make up for a cooling mortgage market is garnering mixed – albeit positive – reaction from brokers and mono-line lenders.read more

Is the CMHC reckless? Financial Post article prompts question by | 2011-04-04 11:51:45 PM

The Canadian real estate market has made a rapid recovery, with prices soaring above previous years' levels and affordability dropping to below historic averages, causing everyone in Ottawa to worry that perhaps the market is too strong. The Financial Post thinks that CMHC may be to blameread more

Mortgagebrokernews.ca launches industry forum by MBN | 2011-04-04 5:48:55 PM

Last week saw the addition of a new feature to the mortgagebrokernews.ca site - a forum function that allows those in the mortgage industry to discuss current topics and share ideas live read more

U.S. could learn from Canada's mortgage market, blogs WSJ by | 2011-04-04 12:06:14 PM

The superior practices of Canada's mortgage market should be imitated by the U.S., blogged Wall Street Journal mortgage and real estate reporter James R. Hagerty. At a U.S. housing-policy conference this week, Bank of Canada researcher Virginie Tract received "one of the biggest rounds of applause" by simply describing how the Canadian mortgage market works. She, however, declined to say if Canada does have a better system than the U.S, wrote Hagerty.read more