Mortgage-backed securities

Mortgage-backed securities

CMHC Mortgage Insurance

OTTAWA--Canada's government-backed mortgage insurer said it will cap the amount of mortgage-backed securities it is willing to guarantee, in the latest move by officials here to temper Canada's housing sector. In a directive to lenders issued last week, Canada Mortgage and Housing Corp. said that, "effective immediately," it will guarantee only 350 million Canadian dollars [...]

By |2017-01-04T01:02:25+00:00August 6th, 2013|Economy|0 Comments