Digital mortgage lender Pine is taking another step toward creating a complete homebuying experience, launching a home search platform and streamlined pre-approvals and mortgages. The firm has also just crossed a major mortgages-under-administration milestone, surpassing $1 billion.
If the Canada Mortgage and Housing Corporation (CMHC) were to create a new mortgage securitization program, it would encourage a more vibrant market for the financial instrument and open up more home financing options, according to one financial executive.
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