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CMHC to trim its mortgage insurance total
Ca nada Mor tgage & Housing Corp. said Monday in its annual report it
plans to have $545 billion in so-called mortgage insurance in force this year as
repayments offset new policies. CMHC, which insures homeowners against default,
said its insurance in force as of Dec. 31 fell 1.6 per cent from a year earlier
to $557 billion.
Read the full article here.
Ca nada Mor tgage & Housing Corp. said Monday in its annual report it
plans to have $545 billion in so-called mortgage insurance in force this year as
repayments offset new policies. CMHC, which insures homeowners against default,
said its insurance in force as of Dec. 31 fell 1.6 per cent from a year earlier
to $557 billion.
Read the full article here.