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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for. sidelined by the changes..
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Regulator defends mortgage stress test in face of pushback from industry But the OSFI says it will continue to monitor lender practices, particularly in the area of income verification Geoff Zochodne
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CMHC defends mortgage stress test changes amid calls for. – CMHC defends mortgage stress test changes amid calls for loosening rules. Uninsured borrowers must now show they could service their mortgage if rates rose two per cent The Canadian Press; May. 23, 2019 3:40 p.m. News