Monthly Archives: March 2021

Because your mortgage broker sees something positive in COVID-19

COVID-19 has created challenges for nearly every industry, and the mortgage industry is no exception. However, low interest rates and increased use of technology have allowed mortgage companies to weather disruptions from COVID-19 with relative ease. Lori MacDonald, a mortgage broker with The Mortgage Group in Charlottetown, PEI, noted the …

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The COVID-19 pandemic pushes Canadian interest rates near all-time lows

TORONTO – The pandemic that has devastated the Canadian economy and caused widespread unemployment has also caused interest rates to drop near all-time lows. “We now have a fixed five-year rate at 1.99 percent, the lowest ever in Canadian history,” said James Laird, co-founder of RateHub.ca. The Bank of Canada …

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The fall of P2P lending: self-assessment, excess capital and no experience

“Peer to peer (P2P) lending is dead from my point of view. There are exceptions, but it has been ruled out of existence, ”according to the man in charge of retrieving Lendy’s loan book. RSM Restructuring Advisory partner Damian Webb told the NARA real estate receivers conference the shocking details …

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Dewan Housing’s share increases by 5% when the lender’s file resolution application with NCLT

The share price of mortgage lender Dewan Housing Finance Corporation Ltd (DHFL) hit a 5% higher circuit on Friday. The stock rose after the lender said it had received no objections from the Reserve Bank and filed an application for Piramal Capital & Housing Finance Ltd (PCHFL) resolution plan to …

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Explanation of the process of selling excess taxes

If a property has been sold at a tax auction, the owner and other interested parties may have the right to collect the sales surplus of the tax. If you are a homeowner or real estate investor and are interested in how the tax surplus sale process works, read on …

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Ringing the Bell for Gender Equality: Nasdaq’s Global Celebration of International Women’s Day

T.o Celebrating International Women’s Day on March 8, Nasdaq exchanges around the world participated in the seventh annual Ring the Bell for Gender Equality, an event led by UN Women and its global partners. It aims to bring attention to the vital role that the private sector can play in …

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