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Negative Amortized Mortgages & How To Deal With Them
Episode 133
Published 2 years, 3 months ago
Description
Banking regulator says about $250B worth of home loans are either currently or soon to be negatively amortized
- 50 + year mortgages - how long could they get?
- Why & how a mortgage can become negatively amortized
- OSFI's new guidelines to deal with them
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