Registry of Lobbyists
| Subject matters | Details | Categories |
|---|---|---|
|
Financial Institutions, Housing
|
That the Handbook recognize non-profit originated share equity mortgages as equivalent of "owner's equity" in the calculation of first mortgage financing exemption from the requirement for Mortgage Insurance.
|
Legislative Proposal, Bill or Resolution
|
|
Financial Institutions, Housing
|
Under the current regulations, non-profits cannot provide down-payment loans as it is no longer recognized as “equity”, therefore denying access to all federally regulated mortgage providers. Seeking explicit recognition in the Handbook that federally regulated mortgage providers can provide first mortgages in conjunction with non-profit share equity mortgages.
|
Legislative Proposal, Bill or Resolution
|
Address:
468 Queen St. East, Suite 310
Toronto, ON M5A 1T7
Canada
Telephone number:
416-214-0494
Daniel Ger, Chief Executive Officer
Options for Homes is not a subsidiary of any other parent companies.
Options for Homes is not a coalition.
The activities of Options for Homes are not controlled or directed by another individual, organization or corporation with a direct interest in the outcome of this undertaking.
Options for Homes does not have any subsidiaries that could have a direct interest in the outcome of the undertaking
Lisa Di Lollo | Public offices held
Firm: Political Forefront Inc.