Should CMHC lower its premium?

A recent report in Financial Post raises the question – should CMHC lower its premium? We see the question as a popular move but it is hard to justify the demand. The bottom line is that if someone doesn’t like to pay the premium then just don’t

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A look into mortgage prepayment penalty – as a MBS investor

Paying penalty to break a mortgage term is not a pleasant experience. You have probably experienced the pinch once or twice during your homeownership. It is interesting to see how the penalties decide pool types on mortgage backed securities. The NHA mortgage backed securities guide speaks a

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