This gives the lender an advantage in international markets where credit cards are often not practical
He claims that the shadow lending system fulfills a “moral” role by ensuring access to mortgages
Over the last year, the market has changed and Canadians have reconsidered their views of alt lending as a fringe option
Three ideas for brokers to chew on as 2021 ramps up
"It's almost like loan sharking"
Canadians appear to prefer the familiarity of the Big Six
It was a significant jump year-on-year
The underwriters are bookrun by TD Securities, CIBC Capital Markets, and National Bank Financial
The alternative lender emerged relatively unscathed from the ravages of the COVID-19 pandemic
The alternative lender is preparing for sharp price fluctuations down the line
The inability of renters to get onto the property ladder could hurt the housing market in the long run