CMHC Reports $14 Billion Mortgage Insurance Decline
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CMHC Reports $14 Billion Mortgage Insurance Decline

The CMHC is the biggest provider of mortgage insurance in Canada, but recent efforts have focused on reducing their involvement with high-risk mortgages. The Crown Corporation reported $14-billion decline in insured mortgages in their 2014 annual report. Great news for taxpayers – but what does that mean for prospective borrowers? Continue reading »