Canadian Real Estate Association Commercial
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New Mortgage Changes
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OSFI Releases Guideline on Mortgage Underwriting Principles OTTAWA, ONTARIO–(Marketwire – June 21, 2012) – The Office of the Superintendent of Financial Institutions (OSFI) releases today the final version of a Guideline that sets out expectations for prudent residential mortgage underwriting. The Guideline, Residential Mortgage Underwriting Practices and Procedures (B-20), builds on the Financial Stability Board’s international … Read More
Pad to Pad newsletter April 2012
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Welcome to my April newsletter. Below are the Real Estate stories that have been making the news over the last month. Highlights Average home in Toronto is now $500,000 Company wants to sell 3 inch “condo” safety deposit boxes. More homes being built in laneways Tight Market Drives Double-Digit Price Growth April 4, 2012 — Greater … Read More
Greenrealestate Newsletter For February
Greenrealestate® Newsletter February 2012 volume 2.0 www.nagab.org Important Announcement: Carbonzero has partnered with Greenrealestate® to allow Realtors® across Canada the opportunity to reduce their contribution to climate change by offsetting their carbon contributions to the environment. Carbonzero was founded in 2006 and has rapidly risen to become a leader in the design and implementation of carbon … Read More