This is a question that virtually every mortgage lender wants to know, but none of them really do.
The reason that no lender truly knows is threefold:
- There are few public sources of these data
- The stats that exist conflict, and
- Private lender data isn't widely shared.
The two most prominent sources of mortgage broker market share are Mortgage Professionals Canada (MPC) and CMHC. Here's what each side claims, and why they still leave us one bulb short of clarity.
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