Canada Mortgage Hub

Counsel's big bet on mortgages spurs stock gains

Counsel's big bet on mortgages spurs stock gains

Counsel has also applied for a licence to become a bank and last month, in another boost for its refocused strategy, received Canada Mortgage and Housing Corp. approval to securitize mortgages – in other words, bundle them into tradable securities.
See all stories on this topic

Canadian Banks Cannot Escape The Effects Of A Housing Market Bubble And A …

Canada is quite different in many respects. For demonstration, Canada has experienced no banking crises throughout its history. Canadian banking regulations are more stringent than those in the U.S. prior to the subprime mortgage crisis. The maximum …
See all stories on this topic

Canadian housing starts hits six-month high

Data from national agency the Canada Mortgage and Housing Corporation showed construction of new houses was at a six-month high. The seasonally adjusted, annualised rate of housing starts hit 200,178 in May – its fastest since November. The rate of …
See all stories on this topic

Leave a Reply