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Mortgage Broker News | 28 Apr 2014, 09:18 AM Agree 0
The Canadian Mortgage and Housing Corporation (CMHC) announced Friday it is axing two of its insurance programs, signalling to brokers that the era of rule tightening isn’t quite over.
  • Eric | 28 Apr 2014, 11:26 AM Agree 0
    'only accounts for 3% of insured business volume' theirs no way second homes are less than 3% unless this doesnt include rental properties. Maybe most brokers code the property as a primary residence irregardless if that is actually the case.
  • Daniel McKay | 02 May 2014, 02:27 PM Agree 0
    Eric, Rental and Second Homes are two different programs.
  • Russ | 14 May 2014, 02:37 PM Agree 0
    This was expected for some time, most of my lenders have been using Genworth anyway.
  • Ahmed Buksh | 30 Dec 2014, 02:15 PM Agree 0
    There are other options , new insurance will take that share of the market ! .
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