Equity-rich homes fall to five-year low in second quarter

The government on Tuesday accepted bids worth Rs 12,604 crore in the buyback auction of government securities against the notified amount of Rs 20,000 crore, with investors offering securities worth Rs 16,959 crore.   The Reserve Bank of India accepted the largest quantum under the 7.33 per cent GS 2026, purchasing securities worth…

By Sammy Hudes In a report published Thursday, the board said the target is unachievable by the current deadline, which was set by the provincial government in 2022, even if housing production increases over the next five years. Based on budget forecasts, Ontario is projected to fall more than 550,000 homes short of the pace…

Amid all the doom and gloom about AI’s escalating doomsday debate, Lovable CEO Anton Osika offered a glimmer of calm over the weekend. The Swedish startup founder shared a passage by C.S. Lewis, the British author and Christian thinker best known for “The Chronicles of Narnia,” about how to live under the threat of atomic…

HomeEquity Bank has named Pierre-Emmanuel Martin as Senior Vice President (SVP), Broker Channel, as Canada’s reverse mortgage lender moves to deepen its national broker distribution network amid accelerating demand from homeowners 55 and older. Martin joins with a career spanning mortgage lending, broker relations, credit risk, underwriting, and sales leadership, a background that HomeEquity…

United Wholesale Mortgage is attempting to poke holes in Rocket Mortgage’s $100 million servicing lawsuit. Processing Content The wholesale leader hinted at its litigation strategy last week as it prepares a formal response to Rocket’s complaint over refinancing activity. Rocket accuses UWM of purposefully soliciting Mr. Cooper customers in violation of a non-solicitation agreement in…

Growing an advisory firm requires more than attracting new clients. It requires clarity around the type of business you want to build, the systems that support it and the people who help move it forward. How do you decide whether growth, independence or a different path is right for your firm? How do you create…