Shadow broker speaks out, Big banks' profits, CMHC, Lender in growth mode, More

How partnering can lead to future success

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26 February 2021

Top news How partnering can lead to future success A study has shown partnering with a direct lender can lead to more opportunities for success than with a bank Community Trust in growth mode for 2021 Director has a good feeling over where the business is heading Are "shadow brokers" indispensable to the housing market? This suspended BC agent still thinks so He claims that the shadow lending system fulfills a "moral" role by ensuring access to mortgages Canada's big banks emerge from pandemic with profits rising Much of the credit goes to government stimulus What kept the national housing market strong during the pandemic? CMHC explains Much of the market's rapid recovery stemmed from consumer-related factors Royal LePage: COVID-19 spurred home ownership among young Canadians Millennials especially benefited from low rates, reduced competition, and mounting savings International News Rocket Mortgage surges to massive profit increase It's big… it's really big… Westpac could break up loan book for sale $11 billion loan portfolio sale discussions start Government compels RBNZ to "consider housing" when setting rates Central bank must now take into account government policy relating to more sustainable house prices

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