OSFI relents on stress tests for uninsured mortgages when lender switched at renewal

After rejecting a call by Canada’s Competition Bureau to treat mortgage stress testing equally at renewal, regardless of whether a borrower stays with the same financial institution or switches to a new one, the country’s top banking regulator has had a change of heart. Read More

OSFI relents on stress tests for uninsured mortgages when lender switched at renewal

OSFI relents on stress tests for uninsured mortgages when lender switched at renewal

OSFI relents on stress tests for uninsured mortgages when lender switched at renewal

OSFI relents on stress tests for uninsured mortgages when lender switched at renewal
OSFI relents on stress tests for uninsured mortgages when lender switched at renewal
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