Mortgage insurance

Industry

OSFI keeps key mortgage stress test rate unchanged

Minimum qualifying rate for uninsured mortgages remains steady

By The Canadian Press |December 15, 2022

1 min read

Industry

Court declines to interfere with Manulife settlement

No reason to allow appeal to proceed, B.C. appeal court finds

By James Langton |January 28, 2022

2 min read

Economic Indicators

CMHC changes underwriting practices on mortgage loan insurance

The agency is increasing the gross and total debt service ratios for borrowers

By The Canadian Press |July 5, 2021

2 min read

Industry

Updated: CMHC tightens lending criteria for insured mortgages

The agency warns of impending mortgage arrears due to Covid-19

By Staff, with files from The Canadian Press |June 4, 2020

2 min read

Economic Indicators

CMHC to purchase up to $50B of insured mortgage pools

The move is designed to provide stable funding to banks and mortgage lenders

By Staff |March 16, 2020

1 min read

Economic Indicators

Majority of non-bank mortgages uninsured

Nearly two-thirds of residential mortgages that were over 90 days in arrears in the first quarter were uninsured

By Staff |October 28, 2019

1 min read

Industry

Brookfield to acquire 57% stake in Genworth Canada

Deal expected to close by end of year

By The Canadian Press |August 13, 2019

2 min read

Economic Indicators

Most non-bank mortgages are uninsured: StatsCan

Total value of mortgages held by non-bank lenders was $325.5 billion in Q4

By Staff |July 12, 2019

1 min read

Economic Indicators

GTA luxury home sales down: report

Luxury homes sales in the Greater Toronto Area (GTA), Oakville and Hamilton-Burlington have fallen short of last year's record-breaking pace.

By Staff |March 13, 2018

3 min read

Economic Indicators

Toronto area home sales down 35%, Montreal up 5%

Canada's largest real estate board says home sales in the Greater Toronto Area fell nearly 35% year-over-year in February, as selling prices dropped.

By Staff, with files from The Canadian Press |March 6, 2018

2 min read

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