No Comments

Canada’s Non-Bank Lenders See Arrears Rate Rise 11%, Despite Deferral Programs

Canada’s non-bank lenders saw an unusual situation – mortgage growth, and rising arrears. Statistics Canada (Stat Can) data shows non-bank lenders had a big quarter extending mortgages in Q2 2020. The large growth in mortgage extension was accompanied by a sharp uptick in arrears. Highly unusual since those trends tend to require conditions opposite of […]

The post Canada’s Non-Bank Lenders See Arrears Rate Rise 11%, Despite Deferral Programs appeared first on Better Dwelling.

Comments (0)

WP Twitter Auto Publish Powered By : XYZScripts.com