The new mortgage rules—not to mention the rising cost of housing—may prompt more borrowers to forge documentation so that they can qualify in the A channel
Two industry professionals wade into the debate
Media attention seems to focus on mortgage fraud in the broker channel while ignoring instances in larger institutions
One industry veteran breaks down Berkshire Hathaway’s investment in the alternative lender, and identifies one clear winner in the transaction
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?
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
In yet another mainstream media article about rising housing prices, brokers bare the unfair brunt of the blame
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?
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
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