Canada’s Carney urges system-wide view on reform

 Reuters – USA – He said the “shadow banking system” – comprised of investment banks, finance companies, mortgage brokers and others — has moved faster than the regulated …

Canada’s Carney urges system-wide view on reform | Special Coverage | Reuters

Ontario homebuyers face new financial constraints with tax harmonization

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 The Canadian Press – TORONTO – Earlier this month, Canada Mortgage and Housing Corp. said housing starts fell for the sixth straight month in February, down 12.3 per cent to a seasonally …

The Canadian Press: Ontario homebuyers face new financial constraints with tax harmonization

Frank talk with lenders will avert a mortgage problem

 Vancouver Sun – British Columbia – Canada’s preventive measures appear meek and mild compared with America’s aggressive $75-billion US mortgage relief plan that aims to help homeowners modify …

Frank talk with lenders will avert a mortgage problem

Lenders seek Ottawa’s aid as thousands risk losing their homes

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 Globe and Mail – Canada – Because Canada Mortgage Bonds require borrowers to meet higher credit standards to qualify for their investment program, subprime homeowners who got …

globeandmail.com: Lenders seek Ottawa’s aid as thousands risk losing their homes

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