Mortgage Workflow Governance Comes Before AI Investment

Over the last 15 years, the Japanese yen has steadily weakened, falling from around 76 yen per dollar to a recent low of nearly 164, with the dollar yen exchange rate reflecting the widening monetary policy gap between Japan and the US. One of the main reasons is that for years the Bank of Japan…

Manulife Bank’s mortgage portfolio reached $28.7 billion at the end of the second quarter, up 12% from $25.6 billion a year earlier as residential lending continued to drive growth. Mortgage balances increased by $1.1 billion, or 4%, from the first quarter and by $1.5 billion, or nearly 6%, from the end of 2025. Including other…

By August 2021, the bank was back, filing a new foreclosure on the same mortgage. This time the borrower answered, raising the statute of limitations, the clock that caps how long a lender has to sue. His point was simple: the bank had run out of time.  The trial court agreed. Leaning on the Foreclosure Abuse Prevention…