The First Entry into the P2P lending space in Canada is Grouplend out of Vancouver. In October 2014 Grouplend became the first company that has
The alternative lending space in the US has been flourishing for years. There are hundreds of companies that have popped up in the last few
With the recent rule changes the government has imposed in the last few years, more and more people cannot get mortgages at a bank. One
There is a very important development in the world of alternative lending. Peer-to-peer lending or what is now more popularly called “marketplace lending” has hit
I have in the past gone over how the banks charge a much larger payout penalty for fixed rate mortgages [see related articles below]. I
Instead of listing off a bunch of reasons, I am going to use two real world examples from people I spoke to today. Case 1:
Another recent news article on outrageous payout penalty: http://www.cbc.ca/news/canada/edmonton/td-bank-client-devastated-by-17-000-mortgage-penalty-1.2790108? The subjects in the article went to CBC Go Public to get their payout penalty lowered
Earlier in August, it was revealed that a presale condo project in North York was in trouble. In fact, it was in dire trouble last
The banks been registering mortgages as collateral charges for a long time. Finally, working with the Federal government, the announcement came this month that Canada’s