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

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CMHC defends mortgage stress test changes amid calls for loosening rules aleksandra sagan, The Canadian Press, at 18:05 on May 23, 2019 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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 · 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 the measure to be changed. “The stress test is doing what it is supposed to do,” wrote president and CEO Evan Siddall in a.

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CMHC defends mortgage stress test changes amid calls for loosening rules A house for sale is pictured in this undated file photo. aleksandra sagan, The Canadian Press

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.

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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 the measure to be changed. "The stress test is doing what it is supposed to do," wrote president and CEO Evan Siddall in a.

CMHC head issues sharp defence of mortgage stress test as calls grow to loosen rules ‘Critics of the stress test ignore the fact that high house prices are the overwhelming reason why home.