First National Financial saw a second consecutive month of slowing mortgage originations in Q2 as rising interest rates continue to impact the housing market.
Equitable Group capped off 2021 with its "best-ever" fourth quarter, which saw earnings up 12%.
Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth.
First National reported a decline in single-family originations in the face of a slowing real estate market and increased competition.
Two of the countries largest broker networks overcame the challenges of a pandemic in 2020 and posted record volumes for the year.
Strong mortgage volumes throughout the year helped drive third-quarter results for two of the country's key mortgage lenders in the third quarter.
On the heels of its third-quarter earnings report, alternative-lender Home Capital announced its board had approved a share-buyback of up to $300 million.
Home Capital saw its net income fall nearly 18% due to rising deposit costs, while the full impacts of rate increases are yet to effect its mortgage originations.