Mortgage de-selection: Can your lender choose not to renew y

Mortgage de-selection: Can your lender choose not to renew your mortgage?  - Mortgage Rates & Mortgage Broker News in Canada

In its third-quarter earnings call, Scotiabank said it was undertaking a strategy of “customer de-selection at renewal” as part of its efforts to slow its mortgage growth and be more selective of its client base. “I think this is a good time to drive that standard higher here because it’s a softer, slower housing market,” said Dan Rees, head of Canadian Banking. “We are also being more efficient with regards to our use of capital and using customer deselection at […]

Related Keywords

Canada , Canadian , Canadians , Ron Butler , Matthew Imhoff , Frances Hinojosa , Dan Rees , Office Of The Superintendent Financial Institutions , Scotiabank , Tribe Financial , Meticulous Mortgages , Financial Institutions , Domestic Stability Buffer ,

© 2025 Vimarsana