
Mortgage Tech News
The latest in new mortgage products and services to hit the market, whether it be from banks, the broker community, lenders or mortgage insurers. We also cover some of the latest developments in Fintech related to the mortgage industry.


Consumers Increasingly Adopting Scotia eHOME Mortgages
Scotiabank bills its eHOME online mortgage as a “faster and easier” way to get financed. It’s also been a hell of a lot cheaper in

Mortgage Brokers Get TD’s HELOC, At Last
After well over a decade in the market, TD is finally bringing its popular marquee product to brokers: the TD Home Equity FlexLine HELOC. Mortgage

Meet Bloom, Canada’s Newest Reverse Mortgage Provider
There’s a new reverse mortgage provider in town. Bloom Finance Company rolled out its reverse mortgage product for Ontario homeowners this week.

The Broker Channel Gets Another Prime Lender: Strive Capital
Strive is live. It’s Canada’s latest prime lender in the mortgage broker market.

Technology’s Role in Canada’s Evolving Mortgage Industry
COVID-19 has dramatically changed the course of many industries and threatened the physical, mental and financial wellness of millions of Canadians. In the housing sector,

Manulife Significantly Improves Its Product Line
Manulife officially entered the broker space two-and-a-half years ago to much fanfare. As a balance-sheet lender, brokers expected a wide array of balance-sheet products. The

Interest-Only Makes a Comeback
Innovative mortgage products. Remember those? With Ottawa’s onslaught of rule tightening, it’s been a while since we’ve seen a new product that was substantially unique.

Lendesk Offers Documentation Collection Solution
For mortgage brokers looking to automate the tedious process of down payment verification, Lendesk’s release of Level in early December was something of an early

Equifax Launches Income Verification System
Lenders across the country are trying to build their own versions of the evolutionary, if not revolutionary, Rocket Mortgage. But there’s one problem. Unlike in