One of Canada’s Largest private mortgage lenders Freezes Investor Redemptions – The Loonie Hour #057

One of Canada’s Largest private mortgage lenders Freezes Investor Redemptions – The Loonie Hour #057

Romspen, one of Canada’s prominent private mortgage lenders with $3.2-billion in assets under management, is freezing investor redemptions, citing some trouble with loan repayments. Anecdotal evidence is piling up for a hard landing in Canada. Everywhere you look there is something blowing up, including FTX which was the worlds second largest crypto currency exchange. Inflation continues to turn lower with US CPI dropping more than expected in October.

Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOUR

Listen to The Loonie Hour on your favourite podcast platform:

The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d…

The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast…

The Loonie Hour Website: https://thelooniehour.ca/

#TheLoonieHour #Macroeconomics #PersonalFinanceCanada

Share This Episode

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn