Financial Post: Regulator defends mortgage stress test in face of pushback from industry

Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. The Office of the Superintendent of Financial Institutions published an information sheet on Monday for its B-20 guideline, which covers residential mortgage underwriting practices. A revision to the guideline came into effect at the start of 2018 and included a minimum qualifying rate for mortgages not insured against default. Read more...


  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
  • Picture
Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988