The B-20 guideline, established by the Office of the Superintendent of Financial Institutions (OSFI), is a set of underwriting standards that federally regulated lenders are expected to follow.
The aim is to protect financial system stability by making sure borrowers can handle their payments and lenders don't overextend themselves.
You've successfully subscribed to MortgageLogic.news
Great! Next, complete checkout for full access to MortgageLogic.news
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.