Home Capital investment: A step in the right direction
One industry veteran breaks down Berkshire Hathaway’s investment in the alternative lender, and identifies one clear winner in the transaction
Brokers opine on potential policy
Toronto seems intent on addressing housing affordability through policies aimed at cooling the market, and a forthcoming tax may be the only answer. But is it the right one?
Broker: Housing cooling measures likely coming
Ontario’s request to the federal government to address housing affordability went largely ignored – but that means the province will likely take matters into its own hands
Media targets brokers
In yet another mainstream media article about rising housing prices, brokers bare the unfair brunt of the blame
Did FICOM overreach?
Under its Mortgage Broker Conflict of Interest Guidelines, FICOM is trying to force networks to disclose all bonuses. But does the regulator have that power?
First of many changes to come?
Don’t blame TD for being the first to act, argues one veteran, but do expect further interruption to the industry that will make mortgages more expensive for the consumer
New stress test could put monolines at a disadvantage
The Finance Minister announced three new housing measures meant to ensure stability in the housing market, but one of those – the amended stress test requirements – could impact monolines more so than big banks, according to one veteran broker
Industry comes to the defence of one of its major lenders
Brokers are calling into question a report about one of their main partners, following an article alleging it sold off mortgages to improve its balance sheet
Is Equifax’s new credit score good or bad?
The inclusion of previously unused information in the newly released Beacon 9.0 score has proven to be a game-changer
Yes, it really is you
When a deal falls apart, it’s time to admit where the real fault lies – because doing so can only improve your business, writes Rob Campbell