Day: February 27, 2020

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Vancouver foreclosure spike hits CIBC

CIBC has initiated 15 foreclosure proceedings in Vancouver as of February 26, according to court records. In contrast, the number was nine in 2019 and just two in 2018 for the first 57 days of the year. There has been no significant change in mortgage balances in the Vancouver area as reported by the bank. […]

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