Review Mortgage Lenders

Alterna Mortgage Company

Address: 6950 SW Hampton St Ste 218 Portland, OR 97223
4315 SW Iowa Street Portland, OR 97221

Alterna Mortgage is a small Portland, OR-based mortgage company, owned by Scott Bennett. Alterna Mortgage in Portland, OR is a private company categorized under Mortgages. Our records show it was established in 2010 and incorporated in Oregon. Current estimates show this company has an annual revenue of $130,000 and employs a staff of approximately 2.
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The Latest in Mortgage News – New Era, New Choices

Here’s our latest recap of Canadian mortgage and real estate news.

This week we look at:

The latest housing affordability report, which came out with fairly predictable results How the post-OSFI stress test bump in business for credit unions may not be materializing What HomEquity’s 2017 originations data says about the trend towards reverse mortgages And we’ll tell you which independent mortgage brokerage has just expanded into Quebec.


Vancouver Ranked Canada’s Least Affordable City; Saint John the Most Affordable

Surging home prices have pushed homeownership out of reach for many in some of the country’s hottest markets, but nowhere quite as much as Vancouver.

The West Coast city ranked as the least affordable housing market in Canada, according to a recent report from Zoocasa . The rankings were based on each city’s price-to-income ratio, which calculates how long it would take a homeowner to pay for their home using 100 per cent of their annual income. Vancouver’s price-to-income ratio was a staggering 28, based on an average home price of 1,071,800.

Search for alternatives to carry on

Lenders are continuing their retreat, private equity has learned hard lessons and it’s tough to make the case for an initial public offering even in freight-market conditions that appear to be improving across most sectors.

But opportunities continue to present for alternative-capital providers including Chinese leasing companies, which are filling gaps where more traditional sources of finance sputter.

That was the takeaway from financial panels at Capital Link’s annual shipping and offshore forum in New York today.

Amit Wynalda, head of shipping Americas for ABN Amro, admitted it was tempting to be able to tell the story of ship lenders returning to the marketplace after years of retreat.

But he resisted the temptation.

“Some banks are returning to the market, but we also see some of the usual suspects leaving,” Wynalda said.

“That’s difficult. I’d like to be positive and say everyone’s in and it’s back to the old days, but it’s not the case.”