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Article: "Canada Shouldn't Talk Itself Into a Recession" Says MortgageBrokers.com's CEO

Article from:
U.S. Newswire
Article date:
February 7, 2008
Copyright

To: BUSINESS EDITORS

TORONTO, Feb. 7 /PRNewswire-FirstCall/ - Contrary to the turmoil in the US mortgage markets, the Canadian mortgage and housing markets are in good shape. Homebuyers and other industry consumers should not worry about similar meltdowns occurring in the Canadian mortgage market, according to MortgageBrokers.com, Canada's only publicly traded mortgage brokerage firm trading in NASDAQ (MBKR).

"The Canadian mortgage and housing markets have had their challenges, but we firmly believe that these markets operate on a solid foundation versus current U.S. conditions," says Alex Haditaghi, CEO of MortgageBrokers.com.

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