When times are tough, more people do stupid things. One thing some do is intentionally misrepresent themselves on mortgage applications to get approved. This kind of fact-fudging surged almost 10% y/y in Q4 2023, Equifax reported this month.

💡Also in this edition: Starting Soon. The Mortgage Market's Main Event Mortgage pros are entering the thick of the most pivotal marketing disruption since the .com boom. In his earnings report Wednesday, the CEO of AI powerhouse Nvidia, Jensen Huang, dropped a truth bomb. Generative AI has "

Over 300 individual private lenders are reportedly caught up in the collapse of a would-be real estate empire. The property portfolio totals hundreds of rental units, assembled partly by internet personality and self-promoted "successful investor," Dylan Suitor. More than $144 million of leverage was used. Much of that

It's the comeback story of the year in Canada's mortgage market. As MLN first reported seven months ago, BMO is looking to shake up the industry after an almost 17-year absence from the broker channel. Brokers, always in need of better prime uninsured mortgage options, have