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If you have read any of the latest issues of the Globe and Mail, watched the national news on TV or heard any recent press releases from CMHC (the federally regulated mortgage insurance company) you would likely think that we … Continue reading
First of all let me clearly explain what CMHC stands for and what is it exactly. CMHC stands for the Canadian Mortgage and Housing Corporation. CMHC is a Canadian government backed insurer that insures banks against default by mortgage borrowers. … Continue reading