Although brokers have turned to credit unions in droves since January 1, the expected surge in the latter’s mortgage originations has yet to materialize. … A lot of the mortgage business is refinances, not new sales. … Hearing it from the CEO of the Canadian Credit Union Association, that isn’t surprising.
The post Originations down despite benefiting from B-20 appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/originations-down-despite-benefiting-from-b-20/
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