Home Capital, the Toronto-based mortgage lender, is targeting the $200-billion non-prime mortgage market in Canada. BNN interviews Martin Reid, president at Home Capital, discusses the risks and opportunities in the nonprime mortgage market
Search results for canada
Video: Capturing the non-prime mortgage in Canada
Posted by mortgage 29 days ago (Editorial)
Home Capital Wins Mortgages as Canada Banks Retreat
Posted by mortgage 33 days ago (Editorial)
Home Capital Group Inc. (HCG) said it?s capturing mortgage business from Canadian lenders including Toronto-Dominion Bank and Canadian Imperial Bank of Commerce that are retreating from the C$200 billion ($201 billion) nonprime market amid signs of a housing downturn.
Canada watchdog wants more mortgage transparency
Posted by mortgage 64 days ago (Editorial)
OTTAWA (Reuters) - Canada's banking regulator wants lenders to be more transparent about their mortgage businesses as it seeks to minimize the risk to the economy from record-high levels of household debt. Draft guidelines from the regulator released on Monday called for increased disclosure by banks of their exposure to certain mortgage products and markets, and enhanced risk-management ...
TD Canada Trust Changes Residential Mortgage Rates
Posted by mortgage 104 days ago (Editorial)
TD Canada Trust Changes Residential Mortgage Rates
Canada facing subprime risk
Posted by mortgage 112 days ago (Editorial)
Canadian lenders are loosening standards, offering mortgages similar to U.S. subprime loans that pose an 'emerging risk' to financial institutions, according to the banking regulator
Canada Courts Housing Bubble IMF Sees as Risk With Record Rates: Mortgages
Posted by mortgage 126 days ago (Editorial)
Kevin Lau, a Toronto-based technology consultant, says he can?t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home.
Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages
Posted by mortgage 126 days ago (Editorial)
Kevin Lau, a Toronto-based technology consultant, says he can?t wait to take advantage of the lowest mortgage rates in Canadian history to buy a second condominium and rent his current home.
Canada bankruptcy may hurt Islamic finance in North America
Posted by mortgage 169 days ago (Editorial)
DUBAI/TORONTO (Reuters) - The insolvency of an Islamic mortgage lender in Canada may hinder the growth of sharia-compliant finance in North America, where the industry has struggled to gain traction in the absence of a supportive regulatory framework. UM Financial Inc was ordered into receivership in October, leaving about $32 million worth of mortgages in the hands of Toronto's legal system ...
Mortgage How to Get is an informational resource about mortgage news and information.