On behalf of our Board of Directors and Advisors, Trimor Mortgage Investment Corporation is pleased to report fourth quarter 2009 operating results for the period October 1, 2009 to December 31, 2009. For the fourth quarter of 2009, TMIC realized a return of 8.00% to its shareholders – finalizing our 2009 annualized rate of return at [...]
February 24, 2010
This month’s version of the RECA Regulator trade publication is now available! Some of this month’s highlights: Expedited Investigation Process Information Bulletin: Referrals – Industry Member Requirements RECA Launches Mortgage REP Course Online Annual Report Available Real Estate Trust Account Requirements Amended Communicating Through Social Media RECA Announces New Director of Industry Standards… …plus all [...]
February 24, 2010
From the February 2010 edition of the RECA Regulator magazine: For a full copy of the February 2010 RECA regulator, click HERE for the flash version and HERE for the print-friendly version. RECA Launches Mortgage REP Course Online The Real Estate Council of Alberta is pleased to announce the launch of the Mortgage Broker Update 2009-2010 course. [...]
February 19, 2010
The February 2010 edition of CMHC’s Monthly Housing Statistics is now available and can be accessed by clicking HERE. The statistics firmly reinforce the many news articles in previous weeks across Canada about low borrowing rates and housing starts coast to coast. Current MLS absorption rates are quite high and average sales values are rebalancing themselves after [...]
February 16, 2010
As many Canadians are already aware, a news conference was held this morning in Ottawa by the Federal Finance Minister Jim Flaherty. He announced three major changes to mortgage insurance rules which will affect all government-backed (CMHC) insurance programs. The full article is HERE, but we’ve summarized the high points for you: *These rule changes are [...]
February 2, 2010
Whether you are purchasing your first home or your tenth investment property, a common conversation to have with your Mortgage Professional centres itself around mortgage protection insurance: it is good financial sense to protect your family from the often-overwhelming burden of your mortgage payments in the case of loss of employment, critical illness or death. [...]
February 1, 2010
For all interested parties, the RECA 2009 Annual Report is now available for public viewing HERE. Many changes in the market (needless to say)! Helping you lean more about our local Real Estate economy, James C. Tworek and the Trimor team! www.trimormoney.com
February 1, 2010
There are many new changes brewing in the mortgage industry and as always, we’ll strive to keep you in the loop as they unfold from week to week throughout the year. At the core of this all is the intent to give you a quick-grab summary of rates, rate indicators and projections as well as [...]
February 25, 2010