Five-year prison terms handed to Fortress founders in mortgage fraud case
The decision marks a significant enforcement outcome in a case that helped reshape scrutiny of Ontario’s syndicated mortgage market.
Mortgage trade groups back call for updates to Basel III
A consortium of mortgage and banking trade groups is voicing support for changes to a capital risk framework governing depository institutions, which if...
Mortgage Rates Hit a Wall in Latest Attempt Into the 5s
Well, it looked like the 30-year fixed was destined for the 5s until it didn’t.We were ever so close when 10-year bond yields...
Mortgage rate outlook: Why experts say the next move could be lower
After a volatile 2025, mortgage rates have steadied, but experts say the next move could be lower, and that has implications for borrowers.
Medallion stresses home-improvement loans to drive 2026 growth
Key insight: New York's Medallion Financial is counting on a newly hired home-improvement lending team to boost loan growth in 2026.Supporting data: At...