regulator Archives - Mortgage Rates & Mortgage Broker News in Canada

OSFI launches public consultation on capital adequacy rules

February 20, 2025 No Comments

Canada’s banking regulator has launched a 60-day public consultation on updates to capital adequacy guidelines, aiming to strengthen the financial stability of Canada’s banks.

Ontario regulator flags risks in growing private mortgage sector

September 12, 2024 No Comments

Ontario regulator urges better oversight to protect borrowers and investors

FSRA introduces stricter guidelines for mortgage broker licensing

July 19, 2024 No Comments

FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors.

OSFI says mortgage payment shock poses a key risk to Canada’s financial system

May 22, 2024 No Comments

Canada’s banking regulator says high borrowing costs and a wave of expected renewals pose a key risk to Canada’s financial system.

FSRA revokes licences from 29 brokerages

FSRA strips licences of 29 Ontario mortgage brokerages

April 17, 2024 No Comments

FSRA has revoked the licences of 29 brokers who did not appoint a principal broker, failed to file their 2021 Annual Information Return, or failed to do both.

OSFI to implement loan-to-income (LTI) restrictions

October 16, 2023 No Comments

Canada’s banking regulator confirmed today that it will no longer pursue at least several of the proposed mortgage regulations introduced earlier this year, but will move ahead with new loan-to-income restrictions for lenders.

OSFI seeing a deterioration in credit quality, says borrowers to face challenges at renewal

October 12, 2023 No Comments

Canada’s banking regulators says the sustained increases in interest rates over the past 18 months have challenged some borrowers’ ability to pay and led to a deterioration in certain credit quality.

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