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Our News - The Lending Line

Are Ontario’s 2024 budget housing policies enough to address the supply crisis?

Are Ontario’s 2024 budget housing policies enough to address the supply crisis?

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements

BMO ramping up its broker channel division with new network partnerships

BMO ramping up its broker channel division with new network partnerships Since its official launch in late January, BMO’s BrokerEdge division has been making waves and slowly growing its presence in Canada’s mortgage broker channel.

OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches

OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches Canada’s banking regulator says it has no plans to remove the stress test on uninsured mortgages for borrowers who choose to switch lenders.

OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches

OSFI rejects Competition Bureau recommendation to drop mortgage stress test for lender switches

Canada’s credit market risks are on the rise, but CIBC’s Tal sees reasons for optimism

Canada’s credit market risks are on the rise, but CIBC’s Tal sees reasons for optimism Despite elevated credit market risks and rising delinquency rates, CIBC’s Ben Tal sees reasons for optimism.

Homeowners, realtors should take steps to protect against title fraud: experts

Homeowners, realtors should take steps to protect against title fraud: experts It’s been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you’re in default and now owe money comes as a shock.

OSFI urges lenders to be vigilant amid “heightened risk” in the mortgage market

OSFI urges lenders to be vigilant amid “heightened risk” in the mortgage market In response to increased risks in the mortgage market, Canada’s banking regulator has issued a reminder to lenders about their risk management responsibilities.

OSFI urges lenders to be vigilant amid “heightened risk” in the mortgage market

OSFI urges lenders to be vigilant amid “heightened risk” in the mortgage market