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Mortgage Broker News | 01 Dec 2016, 08:16 AM Agree 0
Canadian home buyers’ overall prospects remain positive despite economic hiccups
  • Geoff Lander | 01 Dec 2016, 10:45 AM Agree 0
    I thought the recent rule changes were in part aimed at reducing taxpayer exposure relating to insured mortgages. This article would indicate that exposure has decreased within the market naturally without making changes. Could it be there were other, less transparent reasons for the implemented changes? Or perhaps its merely a coincidence that the changes severely reduced the monolines' competitive position relative to the big banks on a big chunk of the mortgage market.

    Hmmmm....
  • Robbie Ryan | 01 Dec 2016, 12:00 PM Agree 0
    When will the D of F come to the conclusion it's unsecured debt and car loans that are the biggest credit rusk. It's not mortgage default.
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