Canada Mortgage Hub

CIBC says its booming consumer mortgage business is well-insured

CIBC says its booming consumer mortgage business is well-insured

“We've got the vast majority of our mortgages insured with the government of Canada,” Mr. Williamson said in an interview with the Financial Post, referring to …
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Housing moves: Canada, US contemplate changes to the way we …

The bonds' risks will be borne by the issuer and investors, not unwilling and unknowing taxpayers, who back most of the mortgage risk in Canadian and U.S. …
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Fitch: Canadian Mortgage Banking Results Resilient as Rates Rise

Mortgage balances for the large Canadian banks grew in third-quarter 2013 as consumers re-entered the housing market to lock in rates, possibly fearing that …
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