That is important, as it could mean banks will have to hold more capital against those assets. (businessinsider.com)
The costs associated with holding more capital either end up being passed along to borrowers, or that type of lending becomes less profitable for the bank. (nreionline.com)
For months, Federal Finance Minister Bill Morneau and the government - owned mortgage insurer, Canada Mortgage & Housing Corp. (CMHC) have been floating the idea of prompting lenders to hold more capital for residential mortgages to protect against defaults. (moneysense.ca)