Appraisal Institute of Canada / Institut canadien des evaluateurs
Registration:
3
of
28
(2013-05-27
to
2014-05-01)
Policies or Program
- AIC is supporting OSFI Residential Mortgage Underwriting Practices and Procedures encouraging Federally Regulated Financial Institutions to employ sound valuation practices to determine the value of collateral used to secure mortgages. AIC has recommended that these same guidelines extend to non-federally regulated institutions or organizations offering mortgage financing to Canadians.