Mortgages Serious concerns raised over housing appraisals in Canada Add to ...

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The Globe and Mail |
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Business reporters Grant Robertson and Tara Perkins talk to Hannah Sung about an investigation by The Globe and Mail that uncovered a hidden risk in Canada’s housing markets: The rise of automated lending approvals, which have created a rapid-fire system that has financial regulators worried about the foundations of Canada’s housing market – that the true value of Canadians’ homes could be far lower than what computerized or human appraisers have estimated.

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