Mortgage Hall of Famer Boris Bozic began as a mortgage broker before building one of Canada's most successful mortgage finance companies, Merix Financial. After selling it to MCAP in 2021 and transitioning the company over, he departed Merix last month. MLN wanted to interview him before he sailed

"Until last year, most fixed-rate borrowers didn’t even consider anything other than a 5-year term," says MCAP SVP, Megan McDonald. But with rates doing a moonshot, she says brokers "have been looking for an alternative to 5-year terms." So MCAP gave it to them — in

Markets are struggling to price unknown tail risk in the banking system. The financial system is facing a confidence problem, not as extreme as the Global Financial Crisis, but unlike anything we've seen since then. As a result, inflation fears have temporarily taken a back seat to risk

An extra day of reflection has investors believing that the probability of a banking apocalypse is less than they calculated Monday. "Based on the information available so far, we think wider liquidity events are unlikely," Oxford Economics stated in a research note Tuesday. But "unlikely" hasn&