In the current lending environment, the alternative sector needs to step up to the plate
B-20 is pushing more and more consumers towards alternative mortgage providers
Current version of the proposal treats all transactions as if they invite equal risks
As most loans come from banks, Canadians might not be aware that they are getting ripped off
B-20 had led to a larger volume of rejections from traditional lenders
Participants in the gig economy now account for an estimated 20% to 30% of the workforce
Partnerships between lenders and brokers are imperative in today’s highly-regulated environment, and XMC Mortgage Corporation has taken a unique approach to cultivating strong relationships within the broker channel.
Borrowers forced into the private channel by government intervention are getting a break
One of the most respected economists in Canada not only came out in favour of B-20 this week at the National Mortgage Conference in Montreal, he says it should encompass mortgage investment corporations
Last week's British Columbia MIC Manager's Association conference set an attendance record—a sign that B-20 has helped the space grow market share
The Office of the Superintendent of Financial Institutions has equity-based mortgages in its crosshairs, and that could adversely Alt-A banks