Lender Calls Archives - Mortgage Rates & Mortgage Broker News in Canada

EQB gains mortgage share in slower housing market

June 1, 2025 No Comments

EQB saw continued strength in its uninsured mortgage and CMHC-backed multi-unit lending businesses in Q2 despite a challenging macroeconomic backdrop and a rise in credit losses linked to 2022-vintage loans.

Scotiabank mortgage growth slows as originations dip in key markets

May 27, 2025 No Comments

Scotiabank’s mortgage growth stalled in Q2, with average balances flat from the previous quarter and originations slowing sharply in major housing markets.

First National reports lower mortgage originations

First National sees early boost from mortgage rule changes, but profits lag

May 1, 2025 No Comments

First National saw a sharp rise in residential mortgage funding in the first quarter of 2025, continuing its momentum from Q4.

TD sees flat mortgage growth in Q1, but says proprietary channels driving future potential

March 5, 2025 1 Comment

TD Bank reported flat growth in its residential mortgage portfolio for Q1 2025, attributing part of the weakness to seasonality.

broker lender quarterly earnings results

Three-quarters of Equitable Bank’s uninsured mortgages to renew at lower rates this year

February 27, 2025 No Comments

Equitable Bank is optimistic about continued loan growth in 2025, buoyed by expectations that most of its single-family mortgage borrowers will renew at lower rates this year.

BMO’s negative amortization mortgages shrink as 1 in 3 renewals see lower payments

February 26, 2025 No Comments

More BMO mortgage borrowers are seeing their payments ease, while the number of negative amortization mortgages continues to shrink.

Jason Ellis - President and CEO of First National

First National sees potential gains from recent mortgage rule changes

November 2, 2024 No Comments

In its Q3 earnings report, First National also noted that competitive pressures have led to a year-over-year drop in origination volumes.

RBC warns of rising mortgage losses through 2025 with upcoming renewals

September 3, 2024 2 Comments

BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says

Scotiabank hits “inflection point” with successful multi-product mortgage strategy

August 29, 2024 No Comments

Deposit growth strategy pays off as Scotiabank strengthens customer relationships amid mortgage volume dip

BMO reports rising mortgage delinquencies and loan loss provisions in Q3

August 27, 2024 No Comments

High interest rates drove BMO’s mortgage delinquency rate higher in the third quarter, according to the bank’s latest earnings results.

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