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Latest News
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 »
EQB mortgage book grows as credit recovery pushed into 2027 Jun 2nd
The bank reported continued growth in uninsured personal mortgages and insured multi-unit lending, but higher credit provisions and a softer housing market weighed on second-quarter earnings..... More »
CMHC reports annual pace of housing starts in April up from March May 18th
Canada Mortgage and Housing Corp. says the annual pace of housing starts for April rose 17% compared with March..... More »
TD launches agentic AI for mortgage and HELOC applications + MORE May 24th
The bank says its first autonomous AI model is already reducing parts of the pre-adjudication process from an average of 15 hours to less than three minutes..... More »
Desjardins sees mortgage growth drive stronger first-quarter earnings + MORE May 15th
Residential mortgages now account for nearly two-thirds of Desjardins’ loan book, while impaired mortgage loans remained relatively stable despite ongoing economic uncertainty..... More »
Mortgage debt rising fastest among Canadians nearing retirement, data show
– canadianmortgagetrends.com
Older homeowners are increasingly leveraging equity to help younger buyers, raising long-term financial risks as retirement approaches
