Mortgage Momentum: Transforming Canada's Housing Finance in 2024
From Strategic Shifts to Regulatory Rebounds: Navigating the Future of Mortgages
As we begin to leave behind the gloomy uncertainties of the past 12 months, our course is cautiously and slowly set towards a 'Risk-On' destination, where opportunity and growth await. Here’s this week’s industry updates:
70% of Scotiabank's Mortgage Originations in Q1 Were Multi-Product Deals - An analysis of Scotiabank's Q1 mortgage origination strategy reveals a significant tilt towards multi-product deals. This trend offers insights into consumer behavior and product bundling strategies in the mortgage sector. Read more.
Canadian Structured Finance 2023 Year in Review and 2024 Outlook - A comprehensive review of the past year and projections for 2024 in the Canadian structured finance market, including trends in mortgage-backed securities. This is crucial for understanding investment opportunities and risks. Read more.
RBC's Confident Stand Amidst HSBC's Mortgage Controversy: A Due Diligence Deep Dive - Highlighting the importance of due diligence and risk management in the mortgage industry, this article discusses RBC's stance on its acquisition of HSBC Canada's mortgage portfolio amid fraud allegations. Read more.
Firm Capital Mortgage Investment Co. (OTCMKTS:FCMGF) Short Interest Down 64.1% in February - This article discusses the significant decrease in short interest for Firm Capital Mortgage Investment Company in February, which is important for understanding market sentiment towards mortgage investment corporations in Canada. Read more.
Canada Ends First-Time Home Buyer Incentive - This article discusses the termination of the First-Time Home Buyer Incentive by the Canada Mortgage and Housing Corporation (CMHC), affecting potential new entrants into the housing market. Read more.