Fintech News

Finmo Whitepaper Examines Relationship Between COVID-19 and the Canadian Mortgage Market

Leading Canadian Mortgage Tech Company, Lendesk, Acquires Digital Mortgage Origination Provider, Finmo

Finmo is a next-generation Digital Mortgage Platform. Mortgage professionals use Finmo to originate mortgages for consumers (borrowers).

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A new Finmo Financial Technologies whitepaper shows the effects of COVID-19 on the Canadian mortgage market. https://finmo.ca/resources/2020-06-17-whitepaper-finmo-mortgage-insights-mid-2020/

Because Finmo’s mortgage origination process is entirely digital, it is possible to collect unique and accurate insights unavailable through traditional mortgage channels. The resulting data, which was correlated from more than 15,000 mortgage applications and 200,000 data points was formatted into a whitepaper.

The whitepaper demonstrates the effects of COVID-19 on the Canadian mortgage market, along with a myriad of other interesting mortgage market insights for the first half of 2020.

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