This week, capital markets executives were alarmed by an esoteric blurb buried deep in Tuesday’s federal budget. In that passage, the government hinted at terminating the $260 billion Canada Mortgage Bond (CMB) program. For lenders—especially non-deposit-taking bank competitors—that could be a problem. They rely on CMBs to

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

Lendesk, a tech company that electronically connects mortgage brokers to lenders, recently partnered with another mortgage technology firm Intellifi to create a more efficient document-sharing system. When we first saw the press release, it didn't fully hit us as to why this news was relevant. And we probably

The real estate start-up that pledged to buy your home at a guaranteed price if it didn't sell has shelved that offer. The company attributes the decision to "unprecedented volatility in the Canadian housing market." And with CREA's national average home price tumbling 25%