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Changes Coming to Uninsured Mortgages w/ Derek Diener

The OSFI has already imposed a 200 basis point stress test on purchasers that need to use mortgage insurance but now they’re going after uninsured borrowers in another attempt to use a One-Size-Fits-All tool for all 150+ Canadian Real Estate Markets. Derek Diener with Dominion Lending Centres-Bluetree Mortgages gives us a complete rundown: