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MONTREAL - National Bank of Canada has been growing its home mortgages business with the help of more specialists and by working with brokers, but it hasn't lowered its underwriting standards to achieve the growth, the bank said Friday.
Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers.
Several mortgage brokers in Singapore have received orders from two banks to stop providing home loans pegged to Swap Offer Rates (SORs), according to The Business Times.
Charlotte-area mortgage brokers on Monday scanned the news and juggled calls from borrowers wondering whether interest rates would keep falling or start climbing.

Time to upgrade housing grant, brokers

Posted by mortgage 343 days ago (Editorial)
Mortgage broker Loan Market believes the First Home Owners Grant is outdated b y nearly 11 years.

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