Canadian banks face significant risks due to high levels of variable-rate mortgages and rising household indebtedness, leading to negative amortization issues. Nearly 80% of households with ...

While Canadian banks were quite solid during the 2008 financial crisis, they're no longer as solid as they once were. Negative amortization is a big issue developing in Canadian banks. It's your ...

Nov 3 (Reuters) - The Bank of Canada has urged banks to reconsider offering variable rate mortgages with fixed payments, concerned about the number of borrowers faced with negative amortization of ...