Tags » Mortgage Default

Almost one in five Ontario residents are technically insolvent, poll finds

Getty Images 

 Source: Financial Post – Pamela Heaven | February 24, 2015 | 

Not only do many Canadians owe more than they own or earn, they are also dangerously ignorant about those debt levels, Ipsos Reid finds. 275 more words

Debt Consolidation

Five things to know about co-signing

BY JACKIE WOODWARD

FIRST POSTED: TUESDAY, FEBRUARY 17, 2015 02:07 PM MST

Source: Edmonton Sun

Whether you are the borrower who needs a co-signer, or someone has asked you to co-sign for them in securing a mortgage approval, you should read this article to fully understand all of the implications. 891 more words

Millennial Buyers

Genworth warns of rising losses on mortgages from oil-sensitive Alberta

TAMSIN MCMAHON - REAL ESTATE REPORTER

The Globe and Mail – Published Thursday, Feb. 12 2015, 10:03 AM EST

The country’s largest private mortgage insurer says it expects rising losses on its portfolio of Alberta mortgages this year and is more heavily scrutinizing new applications from oil-sensitive regions of the province as low crude prices weigh on Western Canada’s housing market. 514 more words

Debt Consolidation

Croatia forgives debt of 60,000 poor citizens

‘People should pay their bills, but if they find themselves in deep trouble, this measure can help,’ says Croatian PM.

/ AFP/GETTY IMAGES FILE PHOTO… 643 more words

Debt Consolidation

If parents die in debt, do children inherit the bills? Not necessarily

BY LUANN LASALLE

The Canadian Press

Published Friday, Jun. 14 2013, 6:00 AM EDT

The death of a parent can sometimes mean financial turmoil for surviving relatives, but advisers say that lingering debts aren’t the responsibility of the adult children in the family. 518 more words

Debt Consolidation