54. Michael Wang, Focal Mortgage

54. Michael Wang, Focal Mortgage

Company: Focal Mortgage, The Mortgage Centre Canada  
Total volume: $68 million 
Loans funded: 166

CMP: What is your prediction for the state of the mortgage industry in 2019?
Michael Wang: The volume of all mortgage brokerages in Ontario will fall into a downturn track because of the government's tightened stress test policy. It will deeply hurt the real estate market, as well.