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Watchdog unveils guidelines to support mortgage-holders under financial stress

Canada's financial consumer watchdog is warning lenders not to take advantage of mortgage holders who are facing severe financial stress as interest rates and the cost of living rise.

Sammy hudesFrank lofrancoPenelope grahamLaurie luptonFinancial consumer agency of canadaCanadian bankers associationOffice of the superintendent financial institutionsFinancial consumer agencyBank actFinancial institutionsCanadian press

Consumer watchdog introduces new guidelines to protect mortgage borrowers at risk of default

Consumer watchdog introduces new guidelines to protect mortgage borrowers at risk of default
calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesFrank lofrancoFinancial consumer agency of canadaPostmedia network incCalgary heraldFinancial consumer agencyNew york timesPostmedia networkStreet east

Financial consumer watchdog issues new guidelines to help support struggling borrowers

Financial Consumer Agency of Canada outlined expectations for lenders in dealing with strapped mortgage borrowers

Graham hughesFrank lofrancoPeter routledgeCanadian imperial bankFinancial consumer agency of canadaCanadian banker associationDominion bankOffice of the superintendent financial institutionsLog increate freeFinancial consumer agencyFinancial institutionsAud urlDcm tBitd tBmo tBank of canada

Watchdog unveils guidelines to support mortgage holders under financial stress

The FCAC said it would monitor financial institutions' level of compliance with the new expectations

Frank lofrancoLaurie luptonCanadian bankers associationOffice of the superintendent financial institutionsBank actFinancial institutions

Watchdog Unveils Guidelines to Support Mortgage-Holders Under Financial Stress

Watchdog Unveils Guidelines to Support Mortgage-Holders Under Financial Stress
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

Frank lofrancoLaurie luptonCanadian bankers associationOffice of the superintendent financial institutionsFinancial consumer agency of canadaFinancial consumer agencyBank actFinancial institutions

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