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Bubble. What Bubble?
2010-03-14 6:12:56 PM
An industry report questioned whether or not Canada was in the midst of a real estate bubble. Melissa Kim asked some of last year's CMP Top 50 brokers to weigh in on the possibility.read more
Abode announces permanent closure
2010-03-12 1:06:40 AM
After announcing at the end of January that Abode was close to negotiating a deal with a Toronto-based purchaser, the company quietly announced the end has come for its mortgage origination business.read more
U.S. mortgage delinquencies remain at record levels
2010-02-26 4:45:27 AM
One in 10 borrowers is seriously delinquent on their U.S. mortgage, with their payments at least 90 days past due or in foreclosure. That compares to one in 16 borrowers a year ago and one in 33 two years ago, according to the Mortgage Bankers Association.read more
Will the Insured Mortgage Purchase Program continue?
2010-02-26 1:49:39 AM
With reports the federal government will cut a number of its initiatives aimed to help banks through the financial crisis in next week's budget, there is talk about whether the $125-billion Insured Mortgage Purchase Program will continue.read more