M3 on open platforms, Bank raises rate, Track record, GDP, BCCA, More

Are open platforms the way of the future for the mortgage industry?

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04 October 2021

Top news Are open platforms the way of the future for the mortgage industry? Broker network executives on the benefits of using an open platform approach – and guaranteeing data privacy How important is your track record in the mortgage space? Vice president for residential lending describes how the company improves its service Major bank raises five-year fixed mortgage rate Lender is the first major bank to increase its fixed mortgage rate as bond yields surge Reverse mortgage lender urges rethink of the word "senior" to describe age group Move follows a recent survey that the word does not resonate among majority of the group Canada's GDP shrinks, but rebound expected – StatCan Decrease in real GDP is also smaller than the initial estimate BC Construction Association urges digitization of Vancouver's permit application process Industry body's president says the city's permit backlog has reached a "crisis stage" International news Celebrating 40-plus years as a loan servicing software provider It was first developed by a car mechanic turned computer programmer Too much regulation could mean 'housing recession', industry warns Broking association says APRA should be extremely cautious Will the central bank 'hold fire' on hiking rates this week? The ongoing Delta outbreak leaves a lot of room for uncertainty

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