Perry Abbey

Perry Abbey: 778.686.3931 |

Perry's Blog

Feds make banks come clean on mortgage prepayment penalties

  

BY DEB ABBEY, CONTRIBUTING WRITER

MARCH 21, 2012

 

The federal government recently announced the Code of Conduct for Federal Regulated Financial Institutions. It’s a series of consumer protection measures for borrowers. One of the changes announced is a new mortgage code that will require that federal financial institutions provide more information about how prepayment charges are calculated. Essentially, these charges...

Read full post
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.