Mortgage Lenders Landscape
What the industry and regulators are up to
In this week’s edition we focus on what’s happening to peers and how regulatory winds are shifting. As always, we focus on bringing topics that are helpful to you as a mortgage lender and investor.
Montfort Capital's New CEO
Ken Thomson is announced as Montfort Capital's new CEO, emphasizing the company's role in private credit strategies. Read more
Pineapple Financial partnerships & AI launch
Strategic expansion through its affiliation with Mortgage Simplicity introduces innovative mortgage brokerage solutions. Read more
Launches Industry first AI -Generated Broker Websites with a technology called Maui. Read More
MCAN Financial Group announces strong YE results
Increasing dividends to 5.4% with a ROE of 15.05%, up from 12.47% for the prior fiscal year. Read more
ScotiaBank's Loan-Loss Provisions Rise Amid Economic Challenges
As the Canadian economy faces headwinds, ScotiaBank reports an increase in loan-loss provisions, signaling potential challenges in the lending landscape. Read more
Canadian Banks Weather US Commercial Market Storm with Limited Exposure
An analysis of Canadian banks' resilience in the US commercial market amid financial turbulence, offering insights for investors. Read more
Canadian Pension Funds accelerates Private Credit
The shift of Canadian pension funds towards private credit investments amid challenging economic conditions (High inflation & Interest rate fluctuations=great risk adjusted returns) Read More
Government Initiatives and Financing for Housing
The Federal Government's initiative to double its financing for British Columbia's housing plan represents a pivotal development. It aims to accelerate the construction of middle-income rental housing, potentially impacting the housing market and mortgage demand positively. Read more
Canadian Home Builders' Association Unveils Strategy to Build 5.8 Million Homes
A strategic plan by the Canadian Home Builders' Association to significantly increase home construction to meet the country's housing needs. Read more
Canada's Housing Correction Has Likely Run Its Course, Say Economists
Yahoo Finance article discussing the current state of Canada's housing market, with economists suggesting that the housing correction may have reached its endpoint. It explores the factors contributing to this outlook. Read more
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