bg-arrow-down icon-arrow-up icon-back-to-top icon-linkedin icon-menu icon-search icon-twitter logo-white slider-arrow-left-gray slider-arrow-left slider-arrow-right-gray slider-arrow-right

Canadian Lenders Need Model Overhaul Amid Stricter Mortgage Rules, Rising Rates

New Canadian mortgage rules have already unsettled borrowers and lenders, but banks can potentially mitigate the impact by overhauling models and taking advantage of enhanced analytics. With some C$700 billion of mortgage balances maturing over the next 12 months, banks face an urgent need to act before portfolios become more risky and creditworthy borrowers pursue alternative lenders. Time is of the essence: RBC recently wrote that the housing market already has been “whipsawed” by the ...

Read more

For more information, contact Novantas Marketing

+1 (212) 901-2772


Related Materials

novantas perspective

Canadian Lenders Need Model Overhaul Amid Stricter Mortgage Rules, Rising Rates

New Canadian mortgage rules have already unsettled borrowers and lenders, but banks can potentially mitigate the impact by overhauling models and taking advantage of enhanced analytics.

article

Cashing In On Home Equity’s Shifting Landscape

The Novantas Quarterly Commercial Deposit Study shows a clear divergence in bank performance.

Please enter your email for verification:

Full Name (required)
Title (required)
Institution (required)
Email (required)
Select Product (one required)

PriceTek Deposits
PriceTek Loans
PriceTek Mortgage
PriceTek Offer Engine
StrataScape
BankChoice Monitor
SalesScape
MetricScape

Phone Number (optional)
Description of Need (optional)