Pineapple Express
Well-Known Member
CBC Radio was discussing the mortgage issue this morning. Apparently the Fed Gov is "asking" the "big banks" to follow some part of something from the Canadian Housing and Mortgage Corp (CHMC) that allows up to 6mo of "relief" (it was vague on the radio). But, apparently the banks are reviewing on a case-by-case basis and typically only granting 2-3mo relief at this stage, which seems consistent with what's reported here.
Also, I wonder if alternate lenders are handling this any differently? My mortgage is with First National Financial. We haven't inquired about relief, yet.
Edit: Just called First Nat. Line is busy. Not even answered with a recording or anything else
Also, I wonder if alternate lenders are handling this any differently? My mortgage is with First National Financial. We haven't inquired about relief, yet.
Edit: Just called First Nat. Line is busy. Not even answered with a recording or anything else
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