One of our mortgage lenders is looking at using a foreign (Canadian) Credit bureau as part of the lending decision. Does anyone have any experience doing that you would share?

'One of our mortgage lenders"

Since when does one officer make credit policy. Have them go through the proper administrative credit channels and have it immortalized in your underwriting policies.

That part is happening. I was wondering if anyone has any insights.

Well, if you want to loan to foreign nationals, why would not pull credit from their home country if you thought it was valuable. Just have a policy so you do not have a fair lending issue.