RBC seeks to join Canada mortgage-bond fray on nonprime deal

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Home Capital Group Inc. is adding a former Royal Bank of Canada executive to its board of directors, replacing company founder Gerald Soloway. Alternative lender’s troubles precipitate TSX drops. Concerns about Canadian housing sector’s stability mount. RBC seeks to join Canada mortgage-bond fray on nonprime deal

RBC seeks to join Canada mortgage-bond fray on nonprime deal SIFMA approves changes to allow forward delivery of loans for umbs canadians managing mortgages despite soaring household debt load Oil is a finite, non-renewable resource and not sustainable.

Nascent national subprime mortgage bond market at risk, observers warn. RBC seeks to join Canada mortgage-bond fray on nonprime deal. The bank has held meetings to gauge investor interest in bond. innovative product features enticingly low 5-year fixed rate

RBC seeks to join Canada mortgage-bond fray on nonprime deal CIBC World Markets has identified another area of concern for the Canadian housing market in its latest report: the non- or less-regulated lenders offering home loans to consumers. The CIBC study said these risky lenders occupy 5% of the country’s mortgage market.

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RBC seeks to join Canada mortgage-bond fray on nonprime deal SIFMA approves changes to allow forward delivery of loans for UMBS Canadians managing mortgages despite soaring household debt load Oil is a finite, non-renewable resource and not sustainable.

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