Niagara Regional Mortgage Services Inc.

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Three key questions about Canada’s new mortgage insurance rules

Date posted: April 19, 2014

Canada’s housing watchdog released a set of long-awaited guidelines for the country’s three mortgage insurers on Monday.

The new guidelines spell out the practices that the Office of the Superintendent of Financial Institutions wants to see from the country’s three mortgage insurers, Canada Mortgage and Housing Corp., Genworth MI Canada and Canada Guaranty.