Street Capital news

  • Flooding closes doors of Calgary lenders

    Torrential rain and widespread flooding is wreaking havoc for Calgary lenders like Street Capital.

  • Grewal: brokering needs more BAs, BComs, BSc's...

    The channel needs to actively reach out to colleges and universities to find better brokers – but also to convince those bright minds of the industry’s career potential – according to the head of one of the biggest monolines.

  • MERIX suspends 'stated income'

    MERIX Financial is temporarily halting stated income lending – and for one broker, it suggests more monolines will do the same.

  • Street gets CMHC approval to securitize mortgages

    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.

  • Debt-servicing changes stir brokers

    A move by two lenders to change their calculations on debt servicing ratios vis a vis unsecured lines of credit is raising broker eyebrows.

  • CMA winners defy rough market

    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 opens Calgary office in May

    Street Capital is opening an underwriting centre in Calgary this May, expanding their network from Toronto and Vancouver.

  • Brokers to benefit from Street announcement, says Grewal

    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 releases complete list of nominees

    CMP magazine is sharing all of candidates for the upcoming Canadian Mortgage Awards, the most exhaustive and representative list in the awards’ celebrated history.

  • Who will be Employer of Choice for 2013?

    CMP magazine is revealing another list of finalists for the upcoming Canadian Mortgage Awards, featuring names as popular as they are professional.