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Latest News
Five-year prison terms handed to Fortress founders in mortgage fraud case Feb 22nd
The decision marks a significant enforcement outcome in a case that helped reshape scrutiny of Ontario’s syndicated mortgage market..... More »
Scotiabank to buy small Dallas bank in mortgage-finance play + MORE May 30th
Scotiabank agreed to acquire Maple Financial Holdings Inc., which owns a small U.S. commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. .... More »
How a secondary suite can make buying a home more affordable in Ontario + MORE Aug 28th
Whether you’re a newer investor or more experienced, there are undoubted benefits to letting out units as a duplex, triplex, or fourplex. Generally speaking, more units means higher returns—assuming the building is large enough to accommodate such a renovation. For homeowners, adding a secondary.... More »
30-year mortgage uptake lifts Sagen business, but claims hit earnings + MORE Aug 4th
Federal mortgage-rule changes contributed to higher premiums written at the mortgage insurer, but rising delinquencies and claim severity pushed quarterly earnings lower..... More »
House rich, cash poor: When a reverse mortgage might make sense Jul 14th
Reverse mortgages were at one time considered the Wild West of financial products, associated with aggressive and even predatory sales tactics targeting seniors in the United States. .... More »
Remembering Christine Buemann, a quiet force in Canada’s mortgage industry
– canadianmortgagetrends.com
Friends and colleagues reflect on the life, leadership and lasting influence of a broker, advocate and mentor who shaped the industry through empathy, generosity and purpose.Ontario review recommends expanding lender access for Level 1 mortgage agents
– canadianmortgagetrends.com
Finance ministry report adopts key industry recommendations and could expand where Level 1 agents can place insured mortgagesEquitable Bank returns to prime lending with exclusive DLCG partnership
– canadianmortgagetrends.com
New Illuma brand offers insured high-ratio mortgages to select Dominion Lending Centres brokers, with a focus on speed and service.Toronto, Vancouver show biggest signs of mortgage stress: CMHC
– canadianmortgagetrends.com
The Canada Mortgage and Housing Corp. says it sees signs of financial stress among homeowners in Toronto and Vancouver, with missed mortgage payments projected to steadily increase. 
