Canada Housing Agency Urges Lenders to Avoid Risky Borrowers

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he head of Canada's mortgage agency urged lenders to avoid offering home loans to riskier borrowers insured by its private rivals warning that excessive household borrowing will make the "pain of the deferred COVID-19 economic adjustment worse.

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Original Article Source Credits: The New York Times , https://www.nytimes.com/

Article Written By: Reuters

Original Article Posted on: Aug 12, 2020

Link to Original Article:  https://www.nytimes.com/reuters/2020/08/12/us/12reuters-canada-mortgages.html

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