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
The agency will also stop insuring loans used to finance condo construction
Annual report says amount to fall to $544.8 billion in 2014
Quality of mortgage portfolios to improve
Guidelines aim to provided clarity about the best practices in respect of residential mortgage insurance underwriting
Increase reduce the risk of a sharp housing price correction
Premium hikes for homeowner and small rental properties to take effect May 1