Source: News Formal (newsformal.com)
Bad idea!
Gtfo of here. Stop sacrificing the future of youth to help boomers out again. Keep the stress tests.
because banks don't much like having skin in the game? stress test is for mortgage insurance which lets the bank off the hook if home owner defaults?
in your best Arnold Schwarzenegger accent
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Canada’s housing crisis and mortgage stress test are officially election issuesDebate was sparked on Thursday by an NDP motion calling on the government to create 500,000 affordable housing units in the next 10 years Sunny Ways...
Source: nationalpost - 🏆 10. / 80 Read more »
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Source: nationalpost - 🏆 10. / 80 Read more »
Morneau Denies Feds Planning To Expand Mortgage Stress Test AgainThe finance minister has denied a report that private lenders, which aren't federally regulated, will be subject to the same rules as banks.
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Stress tests on private lenders not being considered, Morneau saysFinance Minister said he’s not considering any additional regulations to address the growth of private mortgage lenders Of course. Who else will dish out loans to janitors making 120k a year otherwise?! Imo deeponion is atm a totally undervalued privacy coin to invest for! $ONION GetDeepOnion
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Morneau says Ottawa is not considering stress tests for private lendersThe Finance Minister shot down a report that the government was looking at similar tests to those it has placed on federally regulated banks globebusiness Hey Conservatives, So you prefer riding the bench on climate action eh? Ok.. Canadian Liberals are born leaders! We got it... take a seat! 🇨🇦 globebusiness Just pile er on the debt Bill!
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Australia vows to clean up banking industry after landmark misconduct inquiryRegulators will be subjected to a new oversight body and the financial industry’s pay will be overhauled to remove conflicts of interest, according to the recommendations of the so-called Royal Commission globebusiness They just imposed a president on Venezuela for the same reasons. Lol. Freedumb. globebusiness but they won’t, so... bigfibbers
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Venezuela to sell 15 tonnes of central bank gold to United Arab Emirates: sourceThe move is an effort by the troubled OPEC member to stay solvent Maduro is stripping the state before fleeing. THAMK GOD FOR 'OFFSHORE TAX HAVENS!!!'
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Rising rates, tougher mortgage rules hit Toronto new home, condo sales last yearReport by Altus Group says sales of all types of pre-build homes in the GTA fell 40 per cent in 2018 This link wants your money
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How Canada’s mortgage rules are rejecting the gig economyAs Canada’s work force becomes more gig-based, conventional mortgage regulation is trending ever further from recognizing this fact
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