There's speculation in lending circles that Monday's Fall Economic Statement might include one or more mortgage policy updates.

Lenders have been hoping for two specific default insurance tweaks:

The marketing prowess of Canadian banks is legendary, akin in many ways to the dominance of Amazon in online shopping. And nowhere is that more evident than on Google.

Consider the search volume of Canada's biggest bank by assets, RBC. When you compare it to America's largest bank, JP Morgan Chase (JPMC), for example, you see something unintuitive.

At last, the fog has lifted. We now know our bank regulator's stance regarding whether federally regulated mortgage investors, also known as bank dealers or "aggregators," can purchase non-stress-tested uninsured switches from non-federally regulated lenders.

This revelation is significant given its implications for spicing up competition in this small segment of the mortgage market.