Protecting Canadians with existing mortgages

eAwazLocal News

Ottawa – The Financial Consumer Agency of Canada (FCAC) protects Canadians by supervising the compliance of federally regulated financial entities, such as banks, with their legislative obligations, codes of conduct and public commitments, and by strengthening Canadians’ financial literacy. In response to the challenges facing consumers in the current economic environment, FCAC has published a Guideline on Existing Consumer Mortgage Loans …