Newly minted alliance will focus on assisting hopeful home buyers in Ontario and the Atlantic provinces
With British Columbia coming down hard on foreign buyers and speculators with the original tax on the former being increased to 20% and a new one on the later taking effect immediately, will they set their sights on Toronto?
The fallout from the B.C. government's budget continues as out-of-province Canadians found out they will also be hit by the same tax that's intended to dissuade foreign speculators from pillaging the domestic real estate market
The overriding reason for the influx of foreign buyers is desperation
In light of the Globe and Mail's explosive story revealing how drug money from the fentanyl trade is being laundered through Vancouver real estate with money provided by private mortgage lenders, there are concerns that the issue has been misrepresented
Could this cut down on speculation?
Still reeling from the oil and gas sector's plummet, Calgary has shown signs of recovery, however, that's now in jeopardy
At a time when repeated government intervention has left much of the industry's blood running cold, Verico appears well-positioned to handle just about anything thrown its way
And he brings a wealth of experience
The mortgage industry in Canada isn't exactly renowned for its technological innovation, but one company is endeavouring to change that with state-of-the-art security for mortgage brokers
A month after the latest regulations took effect, brokers aren't mincing words