regulations Archives - Mortgage Rates & Mortgage Broker News in Canada

OSFI Facing Growing Pressure to Tweak Stress Test

Steve HueblFebruary 5, 2019

Canada's financial regulator is facing growing pressure to tweak its mortgage stress test, and no longer just from the mortgage industry. On Monday, Calgary ... Read More...

Mortgage Regulations4 min read

Morneau: No Stress Test for Private Lenders

Steve HueblJanuary 29, 2019

Finance Minister Bill Morneau denied reports that his government is planning new regulations aimed at private mortgage lending. "I’m not currently considerin... Read More...

Mortgage Regulations2 min read

New Rule Targets HELOC Holders Seeking a Second Mortgage

Steve HueblNovember 8, 2018

The word is out on a little-known policy used to qualify anyone with a HELOC who is applying for additional financing. Several of the Big Six banks have alre... Read More...

Mortgage Broker NewsMortgage Regulations5 min read

Lender Panel at the 2018 National Mortgage Conference

Lender Insights from the 2018 National Mortgage Conference

Steve HueblNovember 2, 2018

Mortgage professionals from across Canada descended on Montreal last weekend for the annual National Mortgage Conference. Hosted by Mortgage Professionals ... Read More...

Mortgage Broker News8 min read

CMHC’s Evan Siddall Addresses B-20 at National Mortgage Conference

Steve HueblOctober 30, 2018

In what must have felt like walking into the lion’s den, CMHC head Evan Siddall addressed concerns about recent regulatory changes in front of a crowd of over 1... Read More...

Mortgage Broker News4 min read

The Latest in Mortgage News – The Stress Test & A Slowing Housing Market

Steve HueblJune 15, 2018

There's been no shortage of new data pointing to slower home sales and tempered price growth across the country. Most of the blame has been directed at OSFI'... Read More...

Mortgage Broker News4 min read

The Latest in Mortgage News – After the Stress Test

Steve HueblFebruary 20, 2018

The fallout from OSFI's new mortgage stress test continues to play out across the mortgage industry. Some mortgage brokers are reporting an increase in their... Read More...

Mortgage Broker News4 min read

B-20 Bombshell

Robert McListerJuly 11, 2017

Following Ottawa's landscape-changing insurance rules last fall, the Department of Finance has raised little concern about the prime uninsured mortgage market, ... Read More...

Mortgage Broker NewsMortgage Regulations12 min read

OSFI Proposes Tighter Mortgage Underwriting Standards

Steve HueblJuly 7, 2017

Exactly one year after OSFI said it would review its B-20 guidelines and scrutinize underwriting standards further, the banking regulator made good on that prom... Read More...

Mortgage Regulations4 min read