Canada Proposes Tougher Bank Capital Rules on Extended Mortgages
(Bloomberg) -- Canada’s banking regulator is proposing to make it more costly for lenders to accommodate mortgage borrowers who stretch out their loans in an effort to limit housing-market risks in the financial system.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy Activision in US as UK Pauses FightShort Seller Andrew Left Is Living in Fear of the FedsMeme Stock
Source: yahoo.com