Canada’s national housing agency discreetly asked lenders to curb risky lending. Evan Siddall, the head of the Canada Mortgage and Housing Corporation (CMHC) sent a confidential memo to lenders this week, requesting they tighten lending. Instead of taking the advice, the industry leaked parts of the memo. The CMHC has responded by releasing the whole […]
The post Canada’s National Housing Agency Discreetly Sent Banks A Memo That Warns Defaults Are Coming appeared first on Better Dwelling.
Comments (0)