Mortgage Professionals Canada continues to watch the unfolding events at Home Capital closely.
Home Trust has been a long-standing member of our Association and a strong supporter of the mortgage broker channel. Home plays a significant role in this industry, and has demonstrated its commitment to professionalism through continued support of the Association's education and channel community events.
Brokers' value proposition is based upon the ability to offer independent advice about multiple products provided by multiple lending partners. Home Trust has been one of these lending partners for many years, and we are hopeful that they emerge from these difficulties and reaffirm their prior strong and stable marketplace foothold shortly.