Genworth

Genworth is now known as Sagen. Visit Sagen’s profile page for updates and news on the company.

Is it better to get a high ratio mortgage?

Plus: The difference between a high ratio and a low ratio mortgage

CMHC relaxes its underwriting criteria – president reacts

Industry executive says it's now "obvious" the corporation’s 2020 rule change was unnecessary

Sagen MI Canada reports Q1 results

The insurer revealed how it performed in 2021's first quarter

Sagen MI Canada completes $150-million hybrid note offering

The subordinated notes were offered to representatives from the Big Six banks

CMHC competitor Genworth-Sagen reports strong Q4 growth

But the company is still warning of uncertainty amid the second wave of the pandemic

Opportunity knocks

Throughout his career, Grant Armstrong has excelled in helping companies take the next step in their development. As Community Trust's director of national sales, he's working to bring the company to national prominence

Genworth-Sagen's default-insurance market share swells amid CMHC changes

The insurer also saw its net income grow by 12% annually during the third quarter

Genworth MI Canada to be acquired by US-based private equity company

The transaction placed the residential mortgage insurer's value at around $3.8 billion

Insurers: Mortgage deferral extensions not on the table

Some insured mortgages might end up in default after the payment deferral period ends

Why does CMHC's Evan Siddall think lenders should be the ones guarding Canada's economy?

Siddall's warning to lenders that chasing short-term profits threatens Canada's economic health is, like so many CMHC pronouncements, problematic on a number of levels