Le Registre des lobbyistes
Nombre total de rapports de communication : 0
Rapports mensuels de communications au cours des 6 derniers mois : 0
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Institutions financières, Logement, Impôts et finances
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AIC is supporting Office of the Superintendent of Financial Institutions (OSFI) Residential Mortgage Underwriting and Mortgage Insurance Practices and Procedures encouraging Federally Regulated Financial Institutions to employ sound valuation practices to determine the value of collateral used to secure and insure mortgages. AIC has recommended that these same guidelines extend to non-federally regulated institutions or organizations offering mortgage financing to Canadians.
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Politique ou Programme
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Logement, Impôts et finances
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AIC members must complete appraisal reports and other valuation assignments in accordance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP). Compliance with CUSPAP, in part, requires access to a full range of data on the subject property - including information on sales history. This data has traditionally been in the public domain but access has become limited.
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Politique ou Programme
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Logement, Impôts et finances
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Canadian consumers require additional education on the full range of fees associated with mortgage financing and refinancing as well as the role of various professionals involved in the transaction. A disclosure of all fees incurred as part of obtaining a loan should be a mandatory requirement for all lending institutions - federally and non-federally regulated – to ensure that Canadians understand the financial commitment involved in what is often the largest investments in their lifetime. This includes the appraisal management fee and the appraisal fee.
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Politique ou Programme
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Questions touchant les consommateurs, Logement, Impôts et finances
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Downward pressure on appraisal fees and increasing demand for quicker turnaround times, combined with the restrictions on accessing good and reliable data, may ultimately drive professional appraisers away from completing mortgage finance work. This places a much higher risk for lenders and for Canadian consumers.
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Politique ou Programme
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Questions touchant les consommateurs, Institutions financières, Logement, Impôts et finances
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Over reliance on Automated Valuation Methodologies (AVMs) poses a significant risk for Canadian consumers, lenders and the financial system. The best option to minimize the lending risk for mortgage properties is to have an on-site appraisal conducted by a third-party appraiser to determine the occupancy, the condition of the property, the neighborhood characteristics, and ultimately, the existence of the property.
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Politique ou Programme
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Climat, Environnement, Logement
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Working with the government to ensure that all flood maps are up-to-date to help homebuyers understand the area they are buying into.
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Politique ou Programme
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Adresse :
200 Catherine Street
Suite 403
Ottawa, ON K2P 2K9
Canada
Numéro de téléphone :
613-234-6533
Poste
222
Tami Hynes, CEO
Institut canadien des evaluateurs / Appraisal Institute of Canada n'est pas une filiale d'une société mère.
Institut canadien des evaluateurs / Appraisal Institute of Canada n'est pas une coalition.
Les activités de Institut canadien des evaluateurs / Appraisal Institute of Canada ne sont pas contrôlées ou dirigées par une autre personne morale ou physique ou par une organisation, qui est directement intéressée au résultat de cet engagement.
Institut canadien des evaluateurs / Appraisal Institute of Canada ne possède aucune filiale qui pourrait être directement intéressée au résultat de l'engagement
James Ball | Aucune charge publique occupée
Cabinet d'expert-conseil : Impact Public Affairs