Globe and Mail Columns
Early Renewals
It’s hard to imagine the mortgage industry getting more competitive than it already is, but it will…every year. One area where lenders are constantly looking
Who’s Your Agent Working For?
Banks are hungry for mortgage referrals from real estate agents. They’re so hungry that they’re willing to pay up to $500 per $100,000 of mortgage,
Life After 2.99%
Falling mortgage rates have been one of the biggest single factors escalating home prices. So as rates reverse higher—assuming it’s a sustained increase—values will feel
Default Criteria & Amortizations
Fitch Ratings, one of the big three North American credit rating agencies, published its mortgage loss model today. It’s basically a bunch of formulas and
The Latest Constraint on Insured Mortgages
As reported here, the Conservative budget proposes to limit private securitization of insured mortgages. It’s a move that one industry CEO we spoke with calls
Bank Mortgages: Disclosure and Suitability
There are so many things the Average Joe doesn’t know about the mortgage business. One is that bank mortgage reps often get paid more for
Alternative Down Payment Sources
This week’s Globe column looks at ways people scrape together down payments when they don’t have enough non-registered savings of their own. It’s still perplexing
The Evolution of Rental Financing
Ever since the credit crisis, there’s been an ongoing clampdown on mortgage risk. Nowhere is that more evident than with rental and self-employed mortgages. This
Retire Sans Mortgage
We get a stream of emails from seniors with mortgages, some of whom are in financial hurt. It is those stories that inspired this week’s