Saskatoon Mortgage Broker shares news on CMHC making mortgage information public

CMHC agrees to make more mortgage information public

Article by Garry Marr, Financial Post, May 30, 2014

“Canada’s largest mortgage default insurer has agreed to industry demands to make more information about its portfolio public.

Canada Mortgage and Housing Corporation, a Crown Corporation that controls about 60% of the market, has released a supplemental section on its results which among other things lays out detailed information breaking down its portfolio including how much of it is backing higher risk loans with little equity.”

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