FCAC, a branch of the Government of Canada, thinks the banks have insufficient controls to monitor, identify, and mitigate risk in retail banking – with a special note on mobile mortgage specialists.
Impaired mortgage dollar volumes are spiking at Canadian banks. Don’t worry, this likely has to do with the improved transparency that became mandatory in January.
Canadian real estate buyers are increasingly turning to non-regulated lenders according to the Bank of Canada.
Lowering interest rates pumped up Canadian real estate prices, but will raising them lower prices? It didn’t last time.
Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
Canadian bankruptcies from homeowners are at an all-time low, but an expert argues this is due to second mortgages and HELOCs, not wealth.
Experts are saying Canadian real estate is about due for a correction, but how safe are the banks? A lot safer than homeowners.
The Canadian senate heard from Moody’s, the IMF, and the CMHC. Here’s your cheat sheet on what they said about real estate and our banks.
Feel like expenses are rising faster than frequently quoted statistics? Here’s how Canadians are being misinformed about inflation.
Home Capital Group, one of Canada’s largest mortgage lenders is imploding. Here’s what happened, and what it means.