News

  • OSFI echoes broker concerns about Big Six lending by Vernon Clement Jones

    RBC, BMO and the rest of the Big Six, consider yourselves warned: The Office of the Superintendent of Financial Institutions (OSFI) has its eye on you, moving to increase its scrutiny of your lending practices to ensure prudence isn’t sacrificed for volume.

  • CRE launches second annual Readers' Choice Awards by Editorial Team

    CRE is proud to announce the launch of our second annual Readers' Choice Awards. This friendly competition is to give you the opportunity to nominate those people who've really made your business bigger, better and more successful over the last year.

  • Canada’s finance regulator sends ‘early warning’ to banks on lending by Editorial Team

    Rising consumer debt nationally has raised concern, and now Canada’s financial regulator is taking action by increasing scrutiny of residential mortgages held by banks, according to media reports.

  • Decline in U.S. home building continues in August by Editorial Team

    U.S. housing starts dropped 5% in August compared to July to a seasonally adjusted rate of 571,000 units, according to the U.S. Census Bureau. The largest decline was in the multi-family housing side, down 13.5% compared to a decline of 1.4% in single family home construction.

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