OSFI launches public consultation on residential mortgaging practices, procedures

By Elizabeth Raymer (January 12, 2023, 4:17 PM EST) -- The Office of the Superintendent of Financial Institutions (OSFI) has launched a public consultation of Guideline B-20 on Residential Mortgage Underwriting Practices and Procedures, citing increased mortgage lending risks since the onset of the COVID-19 pandemic and its related restrictions....