CMHC’s loss is Sagen’s gain, as private-sector mortgage insurer sees market share grow
CMHC’s decision to tweak its underwriting policies pushes lenders to private market for default insuranceAuthor of the article. The country’s biggest private-sector insurer of residential mortgages says it has gained market share following the Canada Mortgage and Housing Corp.’s decision to tweak its underwriting policies, a trend that has set off alarm bells at the [&hellip…
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