Mark
@limited_palette
ID: 815735369396154368
02-01-2017 01:44:02
884 Tweet
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Leo Spalteholz Government has instructed lenders not to enforce maintaining 30 year maximum amortization schedules on static payment variable products. When CIBC has $52 billion in mortgages where interest costs are not being covered with payments and no enforcement, borrowers don’t fail.
Honest question for Ahmed Hussen. How does a policymaker in charge of affordable housing buy investment properties—thus betting against their performance?