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TD Bank’s Hockey expects Canada’s hot housing market to cool

Posted on 18 April 2012

Toronto-Dominion Bank (TD) expects recent regulatory draft mortgage-underwriting guidelines will help “temper” Canada’s hot housing market, a top executive said Tuesday.
The Office of the Superintendent of Financial Institutions last month released for industry comment proposals that aim to tighten mortgage lending practices, reduce home equity lines of credit and improve board oversight and disclosure………………………………………..Full Article: Source


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