Bank regulator beefs up rules for some types of home loans - CBC News

The Office of the Superintendent of Financial Institutions is implementing new guidelines for certain types of real estate loans, including shared equity mortgages, reverse mortgages and conventional mortgages that are paired with home equity lines of credit.

Canada's top banking regulator is changing the rules that cover certain types of home loans to make sure that lenders and borrowers are able to stay on top of their obligations at a time when the cou… [+2933 chars]

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