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OSFI guidelines hit Smith Manoeuvre

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Mortgage Broker News | 12 Jul 2012, 12:00 AM Agree 0
New OSFI guidelines offer less than good news for mortgage brokers who deal in the Smith Manoeuvre.
  • Angela Wong-Liao, Invis Inc | 21 Jul 2012, 11:01 AM Agree 0
    In my opinion, I think the Smith Manoeuvre is a risky investment strategy, especially during this volatile global economic environment and using the equity from our home to gamble may not be a good business strategy.
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