05Feb

Carney Suggests No Need For New Mortgage Rules

Filed Under: Government Related, Mortgage Regulations    by: Melanie & Robert McLister
Bank of Canada chief, Mark Carney, says there is no housing bubble in Canada. “We are following it closely but we would not characterize the current state of the housing...
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05Feb

Carney Suggests No Need For New Mortgage Rules

Filed Under: Government Related, Mortgage Regulations    by: Melanie & Robert McLister
Bank of Canada chief, Mark Carney, says there is no housing bubble in Canada. “We are following it closely but we would not characterize the current state of the housing...
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05Feb

Are FHAs Changes A Model For Canadian Insurers?

Filed Under: Mortgage Commentary    by: Melanie & Robert McLister
The U.S. Federal Housing Administration (FHA)—which calls itself the world’s largest mortgage insurer--is increasing down payment requirements for those with credit scores under 580. Affected home buyers will now need...
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05Feb

U.S. Broker Share Collapses

Filed Under: Mortgage Broker News    by: Melanie & Robert McLister
In 2006, mortgage brokers originated 65% of U.S. mortgages according to the National Association of Mortgage Brokers (NAMB). In three short years, U.S. broker share has collapsed to a previously...
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