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Tracking shifts in Canadians’ expectations about the housing market.
Changes to the CEWS program to provide more employers with access to subsidy funds.
Bank of Canada “will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing”
CERB will now provide taxable payments of up to $500 a week for a maximum of 24 weeks, up from 16 weeks.
The company confirmed that no changes to it's underwriting policy are contemplated as a result of recent industry announcements.
Genworth MI Canada Inc. confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements.
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Changes for new applications for homeowner transactional and portfolio mortgage insurance, effective July 1.
MPC has submitted its advice to the British Columbia Ministry of Finance regarding its review of the B.C. Mortgage Brokers Act.
CEO Paul Taylor and Chair Elaine Taylor presented to the House of Commons Finance Committee about the Federal Government’s Response to the COVID-19 Pandemic.
MBRCC forms COVID-19 working group to understand and respond to current and emerging issues
New one-on-one interview series by MPC to provide perspective on COVID-19 and its impact on mortgage and real estate markets.
The province of Nova Scotia announces deferring of licensing fees until June 30th, 2020, to provide breathing room during COVID-19.
To help members navigate the COVID-19 crisis, Mortgage Professionals Canada has launched the COVID-19 Information Hub.
Supporting the mortgage broker industry in the age of COVID-19.
Premier of Ontario ordered all non-essential workplaces to close, effective 11.59 pm tonight. More details provided to how this affects mortgage brokers.
Discussions with FSRA regarding the March 31st deadline for FSRA Mandatory Continuing Education and Annual Information Return, posing a major risk to many of our Ontario agents and brokers during the COVID-19 crisis.
Many banks and mortgage lenders have announced they will work to support and assist individuals whose income has been impacted by the COVID-19 outbreak.
Mortgage Professionals Canada is offering a free online course to assist the mortgage community in learning about COVID-19. Topics include learning the signs, symptoms, and modes of transmission, how to care for COVID-19 patients at home, and workplace preparedness.
We are postponing our planned Vancouver symposium, originally scheduled for April 23rd, and will announce an alternate date in the near future.
Summary of recent changes and announcements from government officials in reaction to the growing concerns about COVID-19
