TERMIUM Plus®

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MORTGAGE INSURANCE MARKET [1 record]

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Record 1 2007-09-10

English

Subject field(s)
  • Loans
  • Financial Institutions
CONT

Even though it [Canada Housing and Mortgage Corporation] still retains a dominant role in the Canadian mortgage insurance market, the market is now rapidly filling up with eager and well-capitalized competitors. Currently there are two private sector mortgage insurers operating in Canada: Genworth and AIG. Two more are expected to begin operations next year.

French

Domaine(s)
  • Prêts et emprunts
  • Institutions financières
CONT

Le marché canadien de l'assurance hypothécaire a connu dernièrement plusieurs autres changements. Un nouvel assureur privé, AIG United Guaranty Canada, est entré sur le marché à l'automne 2006, et deux autres sociétés ont récemment obtenu l'autorisation des autorités fédérales d'en faire autant.

Spanish

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