Sentences with phrase «standardize mortgage penalties»
On November 26, 2010, we reported that a good source told us the govt would not follow through on their promise to standardize mortgage penalties until this spring, at the earliest.
https://canadamortgagenews.ca/ Not exact matches
The least that they can do is standardize the calculation / computation of the mortgage penalty fees, and to make the formulas for calculating the penalties and the fineprint transparent to the client PRIOR to signing the mortgage contract.
In response to consumer group concerns that mortgage prepayment penalties are complicated and lack disclosure, the federal government has stated its intention to standardize its calculation and disclosure.