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OSFI under pressure by banks, industry lobbyists to ease mortgage stress test: sourcesSupporters of easing say the stress test should be flexible and adjusted to account for interest rate moves and market conditions in your best Arnold Schwarzenegger accent 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? Gtfo of here. Stop sacrificing the future of youth to help boomers out again. Keep the stress tests.
Source: nationalpost - 🏆 10. / 80 Read more »