Steve Saretsky
π€ SpeakerAppearances Over Time
Podcast Appearances
This is significant.
Well, it's only five months till the fall kicks in.
Enjoy the summer, everyone.
When did this start to get not okay?
What year?
Early 25th.
Two consecutive quarters of negative GDP growth in Canada.
Every media headline is calling it a technical recession.
There's concerns today in the world and about this AI bubble and should I be participating?
Should I be fully out in cash?
I don't want to, you know, get hit by the crash.
And as you said, like, it's tough.
Like, you need to participate, but you have to manage your downside.
If you're a mortgage broker, you already know the story.
A quality borrower walks through your door.
Strong equity, clear exit strategy, but they don't check every box at the bank.
Maybe they're self-employed, between properties, or bridging a gap.
What do you do?
That's exactly where Neighborhood Holdings comes in.
Neighborhood partners directly with mortgage brokers across Canada to fund short-term residential mortgages for borrowers in transition.