Preventing mortgage fraud, CIBC profits fall, Housing affordability worsens, RBC on purchasing power, MBRCC appointment, More

What you need to know about title and mortgage fraud

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24 February 2023

Top news What you need to know about title and mortgage fraud With Fraud Prevention Month approaching, what are the tell-tale signs? CIBC profits fall in Q1 The banking giant became the first of the Big Six to reveal its Q1 financial results for 2023 Extra wiggle room with 35-year amortization With higher interest rates, affordability is a concern for borrowers. Our expert BDM helped lower a client's monthly payments and free up some ratio room by refinancing on a 1-year term with a 35-year amortization. Now, the client has an extra $800 monthly to pay off debt Bridgewater Bank Housing affordability has worsened 'significantly' over past year: executive Realosophy chief outlines the ins and outs of Canadian housing affordability FSRA official appointed as head of national mortgage regulatory organization Official has more than 20 years of high-level experience in financial services regulation The definitive global guide to the mortgage industry's best Read the full report showcasing this year's outstanding mortgage professionals across the globe Purchasing power remains high despite rate hikes Impact of BoC moves has yet to significantly impact discretionary spending, RBC says How much house can a buyer get for $1 million right now? New report sheds light on what a million-dollar home looks like across Canada How should you approach leadership? Find out from a recently crowned member of the global 100 International news Freddie Mac shares full-year financial results Head shares plans for the rest of the year Another day, another builder collapse A Brisbane builder is the latest construction company to fold as the sector faces its worst slump in more than a decade Interest rates not expected to return to historic lows "The golden age of cut-price borrowing is over" Westpac upgrades OCR peak forecast The big bank expects the Reserve Bank to carry through with its plans in the near term CMPTV What to expect in 2023 Hear from top lenders as they provide an update on what matters most to brokers for gaining traction in 2023 and beyond

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