Mortgage Rates & Mortgage Broker News in Canada |
| Q1 Lender Earnings: The Recovery is Underway Posted: 19 May 2021 08:29 PM PDT Some of the country’s key mortgage lenders unveiled their first-quarter results, which were positive across the board. The lenders were able to take advantage of a hot housing market, alongside improving economic conditions and reduced loss provisions. One highlight was Home Capital addressing its continued use of pandemic underwriting guidelines, given that many of its competitors have since re-adopted their pre-pandemic guidelines. “Our pandemic underwriting guidelines are still in place, but are currently under review,” Home Capital President and CEO […]  |
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