Forum

Broker news forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Mortgage Broker News | 13 Nov 2015, 08:15 AM Agree 0
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
  • ken | 13 Nov 2015, 09:36 AM Agree 0
    Interesting.... making things tougher for lower to middle class to purchase and as always the well off will find a way to purchase anyway... sounds like some of the liberal voters didn't realize what they were getting into.
  • anonymous | 13 Nov 2015, 09:46 AM Agree 0
    Always have to look at the motivation of the banks when they make these suggestions.
    A message must always be judged by where it comes from.
  • Bruce | 13 Nov 2015, 10:11 AM Agree 0
    "Calls for finance minister to cool the market",
    Even before reading the article you know this was coming from either B.C. or a Toronto based Lender. Try some self control if you are that concerned.
    The world does not revolve around two Cities.
  • Linda durfy LUCAN ON | 13 Nov 2015, 11:19 AM Agree 0
    Please leave the market alone it tis working fine this is free enterprise at it's Best
    ITS THE ONLY JOB CREATION STATIGIC WE HAVE ,MANUFACTURING IS DEAD
  • Matt | 13 Nov 2015, 08:32 PM Agree 0
    The nonsense of two cities will punish the rest of the countries housing market... smart. Great way to kick start the economy!
  • Visitor | 14 Nov 2015, 05:15 PM Agree 0
    You dont want goverment involved and the market to watch itself? No problem...kill CMCH.

    You cant suck and blow.Pick one.
  • John Panagakos | 16 Nov 2015, 01:39 PM Agree 0
    Very Strange for HSBC to be sticking there noses in the housing market issue. Careful of Bankers trying to sway the finance minister , they have they're own hidden agenda . Just like former TD Chief Ed Clark 7 years ago he was the one pushing the finance Minister for Changes look what we got. In the subprime crisis HSBC was one of the BIGGEST losers in the US , In Canada they shut down the Broker Program out of Vancouver. They then overhauled they're entire banking model and stayed away from the masses to cater to High Net Worth Clients. If you didnt have $100,000 in account you were no longer account managed in the branch but sent to a call centre. Any more strickter rules won't affect HSBC's wealthy clients Only the masses will be hurtgs the same ones that voted for a Liberal change . Looking for Sunny Ways?
Post a reply