CMHC defends mortgage stress test changes amid calls for loosening rules – Coast Mountain News

CMHC defends mortgage stress test changes amid calls for loosening rules May 23rd, 2019 updated The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls.

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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 softening the measure from . . .

CMHC CEO defends mortgage stress test changes amid calls for loosening rules.. 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 softening the measure from industry.

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OTTAWA – The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.

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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 softening the measure from . . .

"High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors behind. from Vancouver to Whistler, the Sunshine Coast, Maple Ridge.

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