Hana Bank isn't exactly a household name, despite its 42-year history in Canada. But it's a name worth knowing—assuming you're a broker who likes competitive uninsured pricing and flexible underwriting. Hana is a profitable mid-size Korean bank with $452 billion in global assets.

Further to yesterday's speculation about Scotia's loan-to-value policy changes, it turns out that rumour became fact quicker than expected. In a memo the bank sent out a few days ago—which we received Thursday—it announced that it was implementing the changes this week. (Banks don&

In the vast sea of non-OSFI-regulated non-prime lenders, the newly-launched Glasslake Funding is unique. For one thing, few can claim to have the backing it does. Glasslake is a wholly owned subsidiary of U.S.-based Bayview, a global investment firm with over $15 billion of assets under management. It

Hundreds of thousands of floating-rate mortgagors have one primary goal: maximizing monthly cash flow. For them, fixed-payment variable-rate mortgages are fantastic when rates are soaring —  not so much when rates are sinking. When the prime rate drops, these people also want their payments to drop.