alternative lenders

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government interventions aimed at cooling the housing market, according…

According to the first Residential Mortgage Industry Report released by Canada Mortgage and Housing Corporation (CMHC), recent mortgage regulations, rising interest rates and a softening Canadian housing market contributed to a general…

For the first time, Statistics Canada has published data from the quarterly Survey of Non-Bank Mortgage Lenders. These lenders held 1.7 million residential mortgages in the fourth quarter of 2018, two-thirds of which were uninsured.…