Mortgage

OSFI releases mortgage underwriting principles Fallback Image Decorative pattern

Industry

OSFI releases mortgage underwriting principles

The Office of the Superintendent of Financial Institutions (OSFI) has released the final version of its Residential Mortgage Underwriting Practices and Procedures guideline, which sets out expectations for prudent residential mortgage underwriting. It builds on the Financial Stability Board’s international Principles for Sound Residential Mortgage Underwriting Practices, released in April 2012, and the OSFI’s own […]

By Staff |June 21, 2012

2 min read

Housing: Will the bubble burst? Fallback Image Decorative pattern

Economic Indicators

Housing: Will the bubble burst?

So far, Canada has avoided a catastrophic housing crash. And, while it’s unlikely a popping of Canada’s housing bubble would resound worldwide, it would be a downer domestically.

By Staff |June 21, 2012

2 min read

Advice for repeat homebuyers Fallback Image Decorative pattern

Economic Indicators

Advice for repeat homebuyers

Summer is here, and homeowners are busy cleaning up their yards and de-cluttering their homes. Many are also decorating their front lawns with for sale signs. That's right, it's real estate season for both new and repeat buyers.

By Staff |June 20, 2012

2 min read

Talk to clients about mortgage risks Fallback Image Decorative pattern

Planning and Advice

Talk to clients about mortgage risks

Your clients have been approved for a mortgage. Everything looks good on paper, but you’re not sure they’re ready.

June 1, 2012

3 min read