It's no secret that Canada's banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that point during a speech today.
Canada's banking regulator today unveiled proposed changes to the capital requirements that would impact the country's lenders and mortgage insurers.
This is the final week of the federal government's consultation period for its proposed changes to the Canada Mortgage Bonds (CMB) program.
The country's financial consumer watchdog today unveiled new guidelines urging financial institutions to provide support to mortgage holders who are facing "severe financial stress" and are at-risk of default.
Canada's banking regulator announced today an increase in the amount of capital banks must keep on hand to cover potential future losses.
There's no doubt that Canada is currently in the midst of a housing supply crunch. The big question is, what can be done by governments to address it?
While OSFI's proposed underwriting changes announced in January were presented as an effort to control market risk, critics say the regulator risks overtightening a market that is already in decline.
The mortgage stress test has thus far proven effective in protecting the housing sector from a volatile economy, but further changes haven’t been ruled out, says Canada's banking regulator.
Canada’s banking regulator says it is considering whether to extend the scope of its mortgage guidelines to include existing mortgages....
Temporarily extending amortization periods has been a saving grace for many variable-rate mortgage holders as a way to manage the...
