Canada Caps MBS Guarantees
Canada Mortgage & Housing Corp. said it will limit its guarantee on new mortgage-backed securities issued by a lender to C$350 million ($337 million) because it was facing “an unexpected increase in issuance volumes” that is threatening to reach its C$85 billion ($81.57 billion) limit.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast