Thanks to you both :)
I was just wondering how much of there mortgage "business" profit comes from selling these securitized mortgages...and if that (part) of the banking business must be suffering.
Surely as rates rise these are less able to command a good price (are "past dated") and perhaps they have to hold more of their loans on their books..
Pretty fascinating area for sure....never mind the insurance and swap  side of it.
Is there a good primer on "How Canadian Banks Make $$ ?"
:)