General news related articles pertaining to residential mortgages such as changes to lending rules, types of mortgages, lenders, refinance options and so on.
CMHC Stress Testing Confirms Ability to Withstand Extreme Scenarios
OTTAWA, November 17, 2016 — In support of greater transparency with respect to risk management practices, CMHC released today the results of its 2016 stress testing exercise. None of the scenarios tested should be considered a prediction or a forecast.
“Stress testing involves searching out extreme scenarios that have a very remote chance of happening […]
