Alternative lending update: Private mortgages, Home Capital, Brokers boosting clients, More

Regulators continue to set sights on private mortgage space

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09 March 2023

Top news Regulators continue to set sights on private mortgage space A new poll shines a light on the need for greater consumer awareness, according to Ontario authority Home Capital releases Q4 figures The alternative lender has seen a significant increase in its provisions for bad loans Have you downloaded the Community Trust Café app yet? Stay connected to your deals on-the-go and communicate with our mortgage advisors directly from your mobile device! Click to see more Community Trust How should brokers assist their clients amid elevated interest rates? "What has worked in the low interest rate environment isn't going to be sustainable" RESCO Group of Funds readies for expansion in 2023 A strong 2022 in a difficult market has set the company in good stead for the year ahead Home Capital Group moves closer to acquisition by billionaire Deal is expected to close in mid-2023 Recapping a lot of ground covered by Community Trust in 2022 Their "We Care" philosophy stands out as a common thread throughout their business

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