Regulatory - MortgageLogic.news

Big Holes Found in Broker Compliance

Robert McLister Dec 04, 2025 0 Comments

Ontario's mortgage broker regulator recently released a new supervision plan for consumer protection. Before doing so, it (FSRA) discovered several problems with the brokered mortgages it audited. Among them: * 100% of private mortgage files "lacked documented suitability assessments and exit strategies." 💡For the uninitiated, private mortgage

The Mortgage 'Crisis' Canada’s Banks Barely Felt

Robert McLister Nov 12, 2025 0 Comments

💡See also: 5yr Yield Steady as Market Eyes End to U.S Shutdown A few weeks ago, bank regulator Peter Routledge noted that OSFI is "seeing a gradual rise in mortgage delinquencies from historically low levels, especially in variable rate fixed payment mortgages." The regulator characterized these cases

Budget 2025: More Deficits, More CMBs, More Housing Bureaucracy

Robert McLister Nov 04, 2025 0 Comments

Canada's new budget has dropped, and it was mostly a snoozer for residential mortgage brokers—although slightly more interesting for commercial brokers. We’ve distilled the relevant bits for the mortgage and real estate worlds below. All quotes are directly from the budget unless otherwise noted. MLN'

OSFI’s LTI Pilot Could Reshape Mortgage Rules in 2026

Robert McLister Nov 01, 2025 0 Comments

Bank regulator Peter Routledge was asked Thursday if he sees OSFI's loan-to-income (LTI) limit eventually replacing Canada's mortgage stress test. Such a decision would redraw the rulebook for lenders and brokers, since the LTI and stress test apply to borrowers quite differently. Here's what

OSFI's Rental Mortgage Guidelines Spark Confusion. We've Got Answers

Robert McLister Oct 03, 2025 0 Comments

Last week, OSFI threw mortgage advisors for a loop with this guidance at its "Industry Day": "For borrowers with multiple mortgages, the income used for the borrower income criterion should not include income used to validate the borrower's ability to service mortgages on other properties.

Tag: Regulatory

Big Holes Found in Broker Compliance

The Mortgage 'Crisis' Canada’s Banks Barely Felt

Budget 2025: More Deficits, More CMBs, More Housing Bureaucracy

OSFI’s LTI Pilot Could Reshape Mortgage Rules in 2026

OSFI's Rental Mortgage Guidelines Spark Confusion. We've Got Answers

Reverse Mortgages: Too Much Momentum to Ignore

5yr Yield Unchanged as Markets Digest Central Bank Calls

Markets Cheer Dovish Signals Even as Cuts Look Scarce