Servus Credit Union is rolling out its Halal Mortgage this fall through a new wholly owned subsidiary, Servus Halal. The product is a clever workaround to paying interest, which is banned by Sharia law. The structure caps loan-to-value at 80% with fixed monthly payments stretched over 25 years (because even

First National is a broker channel leader, making it a bellwether for trends in both single- and multi-family mortgage markets. Here are some swift takeaways from the company's Wednesday conference call:

TD's rate quoting system wasn't working well—for anyone, including brokers, customers and the bank itself. So, management radically changed to a new model called "Real Time Pricing (RTP)." It kicked off today, April 1, following TD's trial run with a few