The new rules have adopted several changes resulting from the feedback the federal regulator received during the consultation period
Taxation measures seek to reduce incentives for real estate speculation
Ottawa to bring in a more rigorous mortgage rate stress test for all insured borrowers
The planned changes aim to improve how mortgage insurers measure their capital positions and to position them to withstand losses
The mortgage insurance agency says its Canadian arrears rate fell slightly over the year but remains at about one-third of 1% of its portfolio.
Rate will increase for buyers with a down payment of 10 per cent or less
Genworth making changes to underwriting practices
The goal is to bolster confidence in residential mortgage insurance underwriting
Interim capital framework for mortgage insurers to be based on modified version of the framework for P&C insurers
OSFI says P&C rules to apply while it develops mortgage rules