OSFI under pressure by banks, industry lobbyists to ease mortgage stress test: sources

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 80%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Supporters of easing say the stress test should be flexible and adjusted to account for interest rate moves and market conditions

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: globeandmail - 🏆 5. / 92 Read more »