China to issue $45 billion in bonds to recapitalize major banks, insurers
China to issue $45 billion in bonds to recapitalize major banks, insurers
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H&R REIT to sell assets to GO Residential, others in $6.7 billion deal
H&R Real Estate Investment Trust says it has agreed to sell all of its assets to GO Residential Real Estate Investment Trust for around $6.7 billion and a consortium of other companies, including U.S. private equity firm Blackstone Inc. H&R, one of Canada’s largest real estate investment trusts, says the deal includes a portfolio of…
Accord trims residential and buy-to-let mortgages by up to 18bps – Mortgage Strategy
Accord Mortgages is reducing some product rates from its residential and buy-to-let ranges by up to 18bps. Within its buy-to-let range, the lender is trimming its two- and five-year remortgage products up to 75% LTV by up to 18bps. Accord is also extending its buy-to-let product end dates. The intermediary-only lender is reducing fixed-rate residential…
Onity and Equifax misreported a paid-off mortgage, lawsuit alleges
The dispute centers on what happened next. In January 2026, the borrowers pulled their three-bureau credit reports and found the mortgage reporting inaccurate, the filing says. On the Equifax report, according to the lawsuit, the account showed a payment status of “Wage Earner Plan,” an account rating of “Derogatory,” and a creditor remark reading “Account involved in…
Mom and Dad say the early ’80s were harder for homebuyers. They’re not completely right.
The numbers The national average sale price was $673,335 in December 2025, according to the Canadian Real Estate Association – roughly unchanged from December 2024 but up around 57% from the national average of approximately $430,000 in 2015. The National Bank of Canada Housing Affordability Monitor puts the national mortgage payment as a percentage of…
Op risk data: Japanese restaurant payments firm swallows $700m loss
Op risk data: Japanese restaurant payments firm swallows $700m loss – Risk.net Skip to main content End of drawer navigation content Also: Bank of Baroda fraud filing; Wells’ Ponzi palaver; Swedbank’s Panama Papers payout. Data by ORX News In July’s largest loss, Japanese advance payments and processing firm Zentoshin, many clients of which are in…
Montreal SPCA calls to end rental rules that bar pets as abandoned animal tally soars
The local branch of the Society for the Prevention of Cruelty to Animals says it is dealing with more than double the number of abandoned animals that it typically registers daily. SPCA executive director Sylvie Bourbonnière says that while it ordinarily takes in about 20 pets in a 24-hour period, it’s been receiving at least…
