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Liar loans in Canada

Liar Loans Pop up in Canada’s Magnificent Housing Bubble
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Liar Loans Pop up in Canada’s Magnificent Housing Bubble

May 16th, 2017 | by Richard Paul
For a long time, the conservative mortgage lending standards in Canada, including a slew of new ones since 2008, have been touted as one of the reasons why Canada’s magnificent housing bubble, when it implodes, will not take...
Chilling Thing Insiders Said about Canada’s House Price Bubble
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Chilling Thing Insiders Said about Canada’s House Price Bubble

April 29th, 2017 | by Richard Paul
What are homes & mortgages worth when push comes to shove? Home Capital is Canada’s biggest “alternative” mortgage lender. It’s not a bank – which today is part of its problem because it cannot create money to lend...