First National Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

First National comments on underwriting partnership with BMO, says move is an “endorsement of the channel”

August 24, 2023 No Comments

BMO’s decision to work with First National as its underwriting partner for its return to the broker channel served as an endorsement of both FN’s services and the channel as a whole.

First National reports no issues with its mortgage renewals so far

May 3, 2023 No Comments

Canada’s largest non-bank lender says it has not yet encountered any issues with its mortgage borrowers renewing at higher interest rates.

First National seeing no signs of stress among mortgages renewing at higher rates

March 8, 2023 No Comments

Canada’s largest non-bank lender says it hasn’t seen any signs of stress among its adjustable-rate nor fixed-rate borrowers who are renewing at higher rates.

Mortgage Professionals Canada 2022 lender panel

Lender execs weigh in on today’s mortgage market

October 25, 2022 No Comments

Executives of some of Canada’s top mortgage lenders weighed in on some hot topics during the lender panel at MPC’s recent National Mortgage Conference.

First National Sees Single-Family Originations Fall in Q1 as Market Slows, but Renewals Surge

April 28, 2022 No Comments

First National reported a decline in single-family originations in the face of a slowing real estate market and increased competition.

First National partners with Newton on document sharing capabilities

The Latest in Mortgage News: First National Teams Up With Newton on Document Sharing

December 10, 2021 No Comments

In what’s being called an industry-first in tech collaboration, First National has teamed up with Newton Connectivity Systems to improve the document-submission process.

Q2 Lender Earnings: Strong Results and a Positive Outlook for H2

August 19, 2021 No Comments

Some of the country’s key mortgage lenders benefited from strong housing activity seen over the first half of the year, according to second-quarter earnings. While

Q1 Lender Earnings: The Recovery is Underway

May 19, 2021 No Comments

Some of the country’s key mortgage lenders unveiled their first-quarter results, which were positive across the board. The lenders were able to take advantage of

Q3 Lender Earnings: The Unexpected Recovery

November 30, 2020 1 Comment

The country’s key mortgage lenders recently released their third-quarter earnings, and it’s safe to say results were better-than-expected all around. Equitable Bank had its best-ever

Q2 Lender Earnings: Mortgage Deferral Situation Easing

August 25, 2020 No Comments

Despite Canada Mortgage and Housing Corporation CEO Evan Siddall warning of a mortgage “deferral cliff,” and sharp rise in mortgage defaults this fall, data from the country’s key mortgage lenders appears to be telling a different story.

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