Industry leaders are cautioning agents working Toronto’s west end, warning them about a seemingly ideal client intent on luring them to vacant properties.
Four months after having its hand slapped by TREB, this online brokerage is closing its doors.
First National is probably the strongest monoline lender. So if they have suspended 2 of their programs and see an 8 - 10% drop in single family home mortgages, what will the impact be on monoline lenders that haven't been in business for 20 years? and that don't have a diversified funding group of investors? The chartered banks through a dagger into their competition and the effects will be felt throughout the industry, negatively of course. I haven't seen one article or comment on anything positive to do with the coming changes. anyone?
$13 Billion out of $22 Million (?) Hard to have any confidence in a report that discusses numbers but doesn't understand math. If you want us to rely on the information you supply perhaps proof reading a report before publishing it would be a good idea.
Amen John! Just about to write a similar comment!
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