MERIX Financial is temporarily halting stated income lending – and for one broker, it suggests more monolines will do the same.
The Canada Mortgage and Housing Corporation has now confirmed Street Capital as both an approved issuer of NHA mortgage-backed securities and a seller under the CMB – a dual designation set to help brokers, according to the lender.
A move by two lenders to change their calculations on debt servicing ratios vis a vis unsecured lines of credit is raising broker eyebrows.
The 8th-annual CMP Canadian Mortgage Awards went off with a bang at Toronto’s Liberty Grand Friday with over 600 attendees recognizing industry players who’ve soared above a turbulent real estate market
Street Capital is opening an underwriting centre in Calgary this May, expanding their network from Toronto and Vancouver.
The decision by Street Capital’s parent company to dispose of its non-core business to concentrate on the mortgage lender is good news for brokers, Paul Grewal.
CMP magazine is sharing all of candidates for the upcoming Canadian Mortgage Awards, the most exhaustive and representative list in the awards’ celebrated history.
CMP magazine is revealing another list of finalists for the upcoming Canadian Mortgage Awards, featuring names as popular as they are professional.
New market share numbers suggest brokers are backing up their rhetoric about preferring to use monolines over the big banks as never before.
If you offer it, they will come. Eventually.