70-year amortization periods not realistic: OSFI

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

A regulatory government agency has weighed in on reports of mortgage amortizations spanning decades longer than the typical 25 years, saying those projections do not reflect a borrower's actual repayment period and do not change a borrower's contractual...

Private Credit Shift From Banks Is Here to Stay, BlackRock SaysThermo Fisher to Acquire Olink in $3.1 Billion DealOrban Becomes First EU Leader to Meet Putin Since Arrest WarrantVanguard Sells Stake in Ant Joint Venture, Accelerating China ExitClimate Protesters Block Oil Executives From London EventItaly Stock Bulls Are Set for Reality Check From Sovereign RiskNorway’s $1.

8%, Backing Interest Rate PauseWhat’s On the Table for Venezuela’s Deal With the OppositionIsrael Latest: Biden Plans Mideast Trip in Drive to Contain WarShell’s CEO Reassures Staff That He Believes in Climate ActionWorld Heritage Group Clears $5 Billion Dam Near Victoria FallsUAE Royal’s Firm Considers Buying Stake in Turkey’s BiotrendNukefluencers Are On a Quest to Push Clean Power From ReactorsChampagne says he wishes grocers were more 'forthcoming' on plans to stabilize pricesWhat...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OSFI pulls back on some mortgage proposals, all in on othersTop banking regulator pressing ahead with overhaul of key mortgage stress test guidelines after feedback from lenders
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Canada’s bank regulator says it won’t relax stress test on mortgage renewalsOSFI says on its website that ‘the new lender must do its own due diligence as it will own the credit risk for an uninsured loan’
Source: globeandmail - 🏆 5. / 92 Read more »

Canada’s bank regulator says it won’t relax stress test on mortgage renewalsOSFI says on its website that ‘the new lender must do its own due diligence as it will own the credit risk for an uninsured loan’
Source: globeandmail - 🏆 5. / 92 Read more »

OSFI pulls back on some mortgage proposals, all in on othersTop banking regulator pressing ahead with overhaul of key mortgage stress test guidelines after feedback from lenders
Source: YahooFinanceCA - 🏆 47. / 63 Read more »