28 June 2012
28 June 2012
Fitch: banks will implement tougher underwriting rules on low-ratios mortgages
| One of the credit rating companies, Fitch Ratings, is also worried about the implementation of new mortgage rules in Canada. While they are supposed to concern only insured mortgages, Fitch suggests that some lenders may start using such standards for uninsured mortgages, as well… Read more |