This blog is about many things, there are a lot of other things about this blog that you might not have known about. Read around for more information.
CALGARY, Alberta, September 07, 2010 — CanEquity wishes to make adamant its no tolerance standpoint on the telemarketing tactics used by some companies in their attempt to gain clientele.
CanEquity has recently been notified by other mortgage brokerages that they have been contacted by telemarketing companies claiming to be providing marketing services for CanEquity and other large …
See the rest here:
CanEquity Denounces Telemarketing Ploys
TORONTO, Ontario, September 02, 2010 — From New York -The barrage of negative housing data in the past month has taken a toll on U.S. consumers, with 40 percent saying they expect the sale prices of homes in their neighborhood to decrease over the next year, compared to 31 percent who said this in August, according to the monthly RBC Consumer Outlook Index. Only one-quarter of Americans …
More downward movement in mortgage rates — which were already at record lows — wasn’t enough to lift the Mortech-Mortgage Daily Mortgage Market Index higher.
For the week ended Wednesday, the index was 348, easing from 355 last week.
The decline in activity came despite that the conventional 30-year rate edged down to 4.317 percent from 4.320 percent last week.
View original here:
Activity Eases as Fixed Rates Fall
OTTAWA, Ontario, August 27, 2010 — The Honourable Jim Flaherty, Minister of Finance, today released The Fiscal Monitor for June 2010.
Highlights
June 2010: budgetary deficit of $2.8 billion
Read the original:
Release of the Fiscal Monitor - June 2010
TORONTO, Ontario, August 27, 2010 — While concerns remain in Canada and the U.S. about sluggish recoveries, investors have likely already priced an economic slowdown into the stock market, finds a new report from CIBC World Markets Inc.
The report notes that although markets reacted to the recent drop in North American confidence indexes, the reality is confidence never really recovered …
Read more from the original source:
Stock Market Values Already Reflect Investor Fears on an Economic Slowdown: CIBC World Markets
OTTAWA, Ontario, August 24, 2010 — The Bank of Canada is pleased to announce the recipients of its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence. The award was established in 2004 to recognize the work of Canadian law-enforcement personnel in deterring and preventing the counterfeiting of Canada’s bank notes.
This year, the Bank is presenting two awards – one …
Excerpted from:
Bank of Canada Announces the Recipients of Its 2010 Law Enforcement Award of Excellence for Counterfeit Deterrence
OTTAWA, Ontario, August 23, 2010 — The Canadian Real Estate Association (CREA) debuts a new national television commercial today featuring production and editing techniques developed specifically for this project and never before used in Canadian television advertising.
Shot in HD, the new commercial is called “Faces”, and it highlights the value REALTORS® bring to one …
Here is the original post:
CREA Launches New Fall Advertising Campaign
A deal was hammered out between American International Group Inc. and Fortress Investment Group LLC for Fortress to acquire an 80 percent stake in American General Finance, a press release said.
In July, New York-based Fortress announced it would acquire CW Financial Services.
Recent reports indicate that Apollo Management LP, Carlyle Group and Blackstone Group LP are among firms bidding to acquire Residential Capital LLC.
Read more:
Mortgage Firms For Sale, Sold
The Mortech-MortgageDaily.com Mortgage Market Index for the week ended Wednesday was 350, jumping from 325 a week earlier.
The index has been up each week since July 28, when it stood at 310.
The highest index was 355 reached the week ended June 30.
Go here to read the rest:
3rd Straight Week of Increased Mortgage Activity
OTTAWA, Ontario, August 18, 2010 — Following similar international reports by the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision (BCBS), the Bank of Canada today published a comprehensive assessment of the potential impact on the Canadian economy of new global capital and liquidity standards, which are to be finalized later this year by the G-20.
Using …
See the rest here:
Bank of Canada releases report assessing impact of stronger capital and liquidity requirements on the Canadian economy