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Author of the article: Martin Slofstra Publishing date: May 10, 2021 • May 10, 2021 • 1 minute read • “We were surprised by how many Canadians would only go to one bank for a mortgage, says Jesse Abrams, CEO, Homewise. SUPPLIED Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content Mortgage-seekers lose out by not looking at all the options, says broker Results from a Homewise survey of 750 mortgage-seekers across Canada between the ages of 25 to 44 (many of whom are first-time home buyers) confirm that half of Canadians do not shop around for their mortgages. ....
Two nonprofit FinTech programs join forces as Fintech Cadence acquires Innovate Financial Health Innovate Financial Health (IFH), a nonprofit that aims to support technology that improves financial health, has been acquired by another nonprofit, Montréal-based Fintech Cadence. As part of the agreement, Fintech Cadence has absorbed IFH’s team and the management of the IFH Lab, which is IFH’s startup program. IFH will be dissolved as an entity and IFH’s main funder, JP Morgan Chase, will now direct funding to Fintech Cadence. The founder and managing director of IFH, Elvis Wong, has joined as Fintech Cadence’s director of financial health. ....