Public perceptions of banking regulator influenced mortgage decision: OSFI head --[Reported by Umva mag]

TORONTO — The head of Canada’s banking regulator says the recent decision to relax a mortgage stress test rule was shaped in part by concerns about public perception of the agency. Superintendent of Financial Institutions Peter Routledge says the removal of the need to stress test uninsured mortgages when borrowers are making a straight switch […]

Oct 2, 2024 - 21:17
Public perceptions of banking regulator influenced mortgage decision: OSFI head --[Reported by Umva mag]
TORONTO -- The head of Canada's banking regulator says the recent decision to relax a mortgage stress test rule was shaped in part by concerns about public perception of the agency. Read More




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