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The revisions, effective with institutions’ first fiscal quarter of 2026, update how banks classify mortgages where rental income is a significant factor.

At OSFI’s quarterly Industry Day, the regulator stressed that income used to qualify for one mortgage cannot simply be counted again for another, tightening how both rental and employment income can be applied across multiple properties.

Mark Joshua, OSFI’s Director of Capital and Liquidity Standards, said the intent is “to ensure that income that’s used for one mortgage is not, then again, used a second time for another one. So…the income that was used on the first mortgage is removed or corrected for” when assessing a borrower’s additional properties.

The revisions, effective with institutions’ first fiscal quarter of 2026, update how banks classify mortgages where rental income is a significant factor. At OSFI’s quarterly Industry Day, the regulator stressed that income used to qualify for one mortgage cannot simply be counted again for another, tightening how both rental and employment income can be applied across multiple properties. Mark Joshua, OSFI’s Director of Capital and Liquidity Standards, said the intent is “to ensure that income that’s used for one mortgage is not, then again, used a second time for another one. So…the income that was used on the first mortgage is removed or corrected for” when assessing a borrower’s additional properties.

Jesus....
This bubble has a LOOOOOOONNNNG way to fall. #OSFI #CanadaREBubble www.canadianmortgagetrends.com/2025/09/osfi...

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Remittances are critical to people in poor countries.

Wealthy countries can help by ensuring that transmission fees aren't exorbitant.

#foreign-aid
#poverty
#migrants
#OSFI
#BIS

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En consecuencia, la subrogación de las personas trabajadoras de OSFI a NETCO FTTH y MASBUSINESS INFRASTRUCTURES queda aparcada sine die, sin que tampoco se hayan comunicado las razones de esta marcha atrás.

#masOrange #ccoo #euskaltel #orange #masmovil #osfi

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#CCOO #ERE #MASORANGE #OSFI

REANUDAN EL ERE/MASACRE

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#CCOO #ERE #MASORANGE #OSFI

REANUDAN EL ERE/MASACRE

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Academic Librarians and Research Support Staff, join us on November 20 at 1pm ET for a webinar on OSF Institutions, a platform focused on empowering open scholarship practices within academic institutions.

Join webinar: cos-io.zoom.us/webin...

#OSFI #AcademicInstitutions #ResearchManagement

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Academic Librarians and Research Support Staff, join us this Wed for a webinar on OSF Institutions, a platform focused on empowering open scholarship practices within academic institutions.

Join the webinar: https://bit.ly/3Vg79zs

#OSFI #AcademicInstitutions #ResearchManagement

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