Alternative lending growth, Bank earnings, Ponzi scheme, Affordable markets, More

How at-risk are mortgage brokerages to data breaches? View web version | Forward to a colleague 29 May 2024 Top News Will the growth of alternative lending in Canada continue? Brokers talk prospects for a surging segment of the national mortgage market BMO reports Q2 financials Positive operating leverage and pre-tax growth drive results Deals come true with a sliding scale model Our broker's clients bought their $1.7M dream home outside a major centre in a rural community. With an overall LTV of 73.82%, the client was able to save some cash from their downpayment. Find out exactly how we combined our 35-year amortization and extended ratios to make it work. #betterforbrokers Bridgewater Bank Premium New Haventree Bank product targets underserved Canadians Haventree Bank reveals new convertible mortgage product to help borrowers capitalize on declining rates Mortgage broker ran massive Ponzi scheme, bankruptcy files find Lavish spending exposed in bankruptcy proceedings High housing costs drive city dwellers to cheaper markets Survey shows half of big city residents ready to relocate National Bank reveals second-quarter earnings Find out how the banking giant fared Rate cuts will take months to help consumers, says Scotiabank Executive suggests no quick fix to borrower struggles even if rates drop Canadian mortgage payments hit credit cards: report Balances are spiking amid high rates and a cost-of-living crisis International News What's next as banks tighten non-QM guidelines? Other lenders poised to withstand 'choppy' waters, says executive Scotland's brokers need to shout amid major challenge MD's warning on the eve of The Scottish Mortgage Summit & Awards Business confidence plummets ahead of NZ budget 2024 Still, 65% of Canterbury businesses remain hopeful for change High costs and interest rates stall nearly 40,000 approved homes Half of approved but unbuilt homes located in Sydney and Melbourne Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2024 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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