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Mortgage Broker News | 22 May 2013, 12:00 AM Agree 0
A source at OSFI is now confirming the regulatory chief who ushered in the tightest lending guidelines in recent history will step down after her one and only term ends.
  • NMH | 22 May 2013, 11:18 AM Agree 0
    Thank God for that ! Repercussions of her reign will be felt for years to come!
  • Ron M | 22 May 2013, 11:26 AM Agree 0
    Just bring back equity mortgages so retirees with decreased income can stay in their homes.
  • Paolo Di Petta | dipettamortgage.com | 22 May 2013, 12:15 PM Agree 0
    Funny how the Bank of Canada governor (Mark Carney), the CMHC CEO (Karen Kinsley) and now the OSFI chief have all stepped down in recent weeks.

    While I welcome the change, I can't help but notice the timing. Sounds like they're all trying to leave their posts before everything comes tumbling down and they're left with the blame.
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