“The Financial Consumer Agency of Canada (FCAC) recently conducted research on home equity lines of credit (HELOCs) to better understand the consumer issues, potential macroeconomic risks, market trends and lenders’ business practices. FCAC has a legislative mandate to conduct research on market trends and issues with the potential to impact financial consumers. This report focuses on the market conduct of federally regulated lenders and on the risks posed to consumers by HELOCs. It summarizes the Agency’s research findings, and explains how FCAC plans to respond to the risks identified'--Purpose, p. [1].
- ISBN
- 9780660086712
- Pages
- 19
- Published in
- Ottawa, ON, CA
