New lenders association aims to provide regulatory feedback on private lending
Here is an article on Mortgage Broker News setting out the goals of CAPL, which are to provide feedback on regulatory matters to government and regulators and practice support to members. Read the article here
The Cullen Reports Hits and Misses
Hits and misses with the Cullen Commission report on money laundering
Cullen Report Recommends AML Compliance and a New BC Private Lending Regulator
The Cullen Commission makes recommendations impacting private lending and brokering in BC. Read here
2022 sees expansion of crypto lending
Already a multi-billion dollar industry supported by a trillion dollar asset class, Bitcoin-backed loans and other secured lending arrangements involving crypto assets continue to grow in variety, scope, and access, and offer borrowers access to capital that, as with traditional lending arrangements, can be used to finance businesses, homes, cars, and other personal property. Read […]
Growth of private lending continuing: expert
It’s a well-trodden discussion point in the mortgage industry: that the introduction of tighter rules and qualifying requirements for mortgage lending contributed to the mainstreaming of the private space in recent years, even before the outbreak of the COVID-19 pandemic. Read here
Why move-in inspection reports for tenancies are required in Alberta and a good idea in other provinces
An article explaining why move-in inspection reports are required for new tenancies in Alberta and a good idea in other provinces. Read it here