The stock of Street Capital Bank of Canada looks like it’s sliding into the abyss. It made a 52-week low of 45 cents on Thursday.
Source: TSX
The company ... Read More...
Canada's Big 5 banks lost 2.7 percentage points of market share in Ontario last year (according to Teranet). Their nationwide drop was likely similar, as Finast... Read More...
Imagine not having to manually provide income and down payment documents on all of your prime mortgage applications, but rather a process that handles that auto... Read More...
Rarely do banks leave the mortgage broker direct channel and return. This is one of those times.
National Bank will once again be distributing the bank’s bra... Read More...
Unexpected drama is unfolding with one of Canada’s leading mortgage brokerages.
Gary Mauris, Co-founder, DLC
Back in September we reported how DLC was ma... Read More...
While OSFI's Guideline B-20 was creating headaches for most lenders, it spelled opportunity to RFA Capital. The regulatory change, one of Canada's biggest ever,... Read More...
What do you do when your competition has a 32-year head start?
If you’re Equitable Bank, you pay brokers 150% more than normal.
That’s the surprising move... Read More...
Manulife officially entered the broker space two-and-a-half years ago to much fanfare. As a balance-sheet lender, brokers expected a wide array of balance-sheet... Read More...
Dominion Lending Centres (DLC) founders Gary Mauris and Chris Kayat have announced a letter of intent to retake control of their company, of which they sold a m... Read More...
Here’s part II of my summary of last week’s Digital Mortgage Conference in Las Vegas. (See Part I here)
If attendance figures are any guide (1,500 this year ... Read More...
Robert McLister is one of Canada’s best-known mortgage experts, a mortgage columnist for The Globe and Mail, and Founder of mortgage broker intelliMortgage Inc., RateSpy.com, a website comparing Canada's best mortgage rates and the reverse mortgage advisory firm, Seniors Equity.
