Sound Mortgage Underwriting: Foundation for Stability - Remarks by Assistant Superintendent Ben Gully

Sound Mortgage Underwriting: Foundation for Stability - Remarks by Ben Gully Assistant Superintendent, Regulation Sector to the C.D. Howe Institute, Toronto, Ontario, January 24, 2020.

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"Sound mortgage underwriting helps both the lenders and borrowers involved in mortgage transactions, as well as the stability of the broader economy."

OSFI has updated the Guideline B-20 Information Sheet on its website. The document provides information on OSFI's role in maintaining a safe and sound Canadian financial system, includes a brief history of the guideline, reports on some of the impacts the revised Guideline B-20 has had on Canada's uninsured mortgage market, and identifies areas for review.