45: Market Update - AML Implications & Using Tech with New Mortgage Rules
Update: 2024-10-04
Description
In this episode, I am back with another "Market Update" solo show, where I go over some of the latest news in mortgage tech in Canada.
In this episode I cover:
→ Geoff Willis' article about the possible effects of the new Anti-Money Laundering (AML) requirements on tech, and it's impact on Agent independence.
→ The new mortgage rules from CMHC that will affect first time home buyers and new builds, and how you need to be prepared for continuing regulation changes to find deals.
→ The hiring of Jerry Lo as CIO, Chief Information Officer, at M3 Tech, signalling an increased focus on tech investment.
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