It complements traditional legal research by mining, classifying and annotating legal data (currently caselaw from Canadian court websites or CanLII) to identify
meaningful patterns and generate graphs that
display those
results in a
meaningful way.
An industry commenter argued that instead of
displaying the principal amount the consumer has paid in five years, the Bureau should replace it with the remaining unpaid principal balance metric because it is more
meaningful and is a better representation of refinancings, where higher upfront costs are financed,
resulting in a lower principal amount paid over five years but a higher principal balance.