Expect an influx of business: Broker
One broker is preparing for an influx of business prior to the official implementation of OSFI’s Guideline B-21 Residential Mortgage Insurance Underwriting Practices and Procedures.
Market on 'subdued trajectory'
ScotiaBank delivered some less-than-optimistic news to mortgage brokers and those who depend on the housing industry for their livelihood.
Arrest made in CRA 'Heartbleed' case: Police
A man has been charged in connection with the theft of 900 social insurance numbers from the CRA website, the RCMP reported Wednesday.
BoC: Residential investment's share of economy to decline
Real estate investment as a proportion of the overall economy can only go one way, says the Bank of Canada's latest Monetary Policy Report.
Sales bounce back in March: CREA
Homes sales have started to bounce back from a relatively cool winter market, with Canada seeing a 4.9 per cent year-over-year sales increase in March.
Brokers: Arm yourselves against 'Heartbleed'
Brokers may want to take steps to arm their systems against "Heartbleed", a major new vulnerability that could let attackers gain access to users' passwords and fool people into using bogus versions of websites.
Lawyers charge more for monoline files: Broker
One broker is hoping lenders better streamline their documentation process after a number of law firms began charging clients more to deal with files that come from monolines than their bank counterparts.
B-21's down payment recommendations
Brokers are likely breathing a sigh of relief following OSFI’s release of its B-21 guidelines Monday, with one of the only major changes being the office of the superintendent recommending stricter down payment requirements.
O'Leary's next reality TV venture?
Kevin O’Leary left CBC’s Dragon’s Den. But it begs the question: What other reality show would be a good fit for the polarizing Canadian and former industry player?
OSFI releases B-21 draft
The Office of the Superintendent of Financial Institutions (OSFI) released its Guideline B-21 Residential Mortgage Insurance Underwriting Practices and Procedures Monday, which include “six fundamental principles for sound mortgage insurance underwriting.”