Magnitude of credit losses will depend on BoC’s ability to orchestrate a soft landing: RBC

August 29, 2023by

While RBC posted stronger-than-expected earnings results, the bank said it expects credit losses to intensify in the coming months...

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Lower says team issued high-risk loans before AmCap poaching

August 29, 2023by

Lower is accusing a former branch manager and his team of filing over a dozen lucrative, bad loans before...

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Incenter adds to MSR technology wave as its platform gets underway

August 28, 2023by

Incenter plans to soon put their new mortgage servicing rights platform to work, adding to the increased attention technology...

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BNK posts record loan book growth

August 27, 2023by

BNK has had a transformational 2023 financial year as the company’s strategic expansion into higher margin lending is starting...

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Zillow Home Loans rolls out 1% down payment option program

August 26, 2023by

Zillow‘s mortgage arm launched a down payment assistance program where the company will cover 2% of the borrower’s down...

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University Bank’s reverse division promotes Dujanovich, hires Ziegler

August 26, 2023by

Michigan-based University Bank announced this week the promotion of one longtime professional and the appointment of another. Carol Dujanovich...

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Commentary: For financial advisors, home equity is an ‘idea whose time has come’

August 26, 2023by

At a wealth advisors conference with one of the most admired thought leaders in the financial services world, a...

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Demand for interest-only mortgages spike as borrowers face rate hikes

August 26, 2023by

There has been a ‘notable spike’ in demand for interest-only mortgages in July as borrowers struggling with repayment hikes...

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Bank achieves quarterly cash profit ahead of schedule

August 26, 2023by

BNK has had a transformational 2023 financial year as the company’s strategic expansion into higher margin lending is starting...

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Lower vacancy rates bad news for renters – PropTrack

August 26, 2023by

In more bad news for renters already struggling with high rental prices, PropTrack’s latest report has revealed rental vacancy...

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