vancouver, british columbia-- - cmls financial is canada's only dedicated provider of commercial mortgage market intelligence. on a quarterly basis, cmls financial publishes a commentary on the canadian ...
mortgage rules prove too strict for some retirees
it’s a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: although they may have significant financial assets tucked away in retirement accounts, their diminished monthly incomes may not be sufficient to meet some lenders’ hyper-strict underwriting rules. read full article >>
emc mortgage sued by securitization trust in new york
the trust financed the purchase of residential mortgages by issuing certificates that were to be repaid with interest from revenue generated from the loans, according to the court document.
mortgage brokers warn about new refinancing rules
banking regulator wants homeowners’ employment status and current income be rechecked before loan renewals are approved
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