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Updated by Gordon McCallum on Sep 16, 2013
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Top CMHC MBS Cap Stories

Want to learn more about CMHC's decision to cap it's MBS limits? Read these!

CMHC cools mortgage market with new cap for banks

Canada Mortgage and Housing Corp. is putting a cap on the amount of mortgage-backed securities sold by banks that it is willing to guarantee. A spokesperson with CMHC confirmed media reports Monday that the national housing agency will, effective immediately, limit banks and other mortgage lenders to $350 million worth of new mortgage-backed securities per month.

CMHC restricts levels of new guarantees for mortgage lenders

OTTAWA - Canada Mortgage and Housing Corp. is limiting guarantees it offers banks and... OTTAWA - Canada Mortgage and Housing Corp. is limiting guarantees it offers banks and other lenders on mortgage-backed securities.

How will new limits on banks' mortgage lending impact housing market?

Investors have poured into the Toronto condo market in recent years. Ottawa is trying to cool things down by implementing new, more stringent lending requirements for insured mortgages. Canadian Press The federal insurer on home mortgages is moving to cap how much money it's willing to insure on new home loans, a move aimed at a cooling off lending among the country's big lenders, a group comprised mainly of the major banks.

CMHC restricts levels of new guarantees for banks and mortgage lenders in bid to cool market

OTTAWA - Canada Mortgage and Housing Corp. is limiting guarantees it offers banks and other lenders on mortgage-backed securities. U.S. home ownership rates have reached 18-year lows but don't expect Canadian levels to follow anytime soon.

CMHC moves to take steam out of housing market

Ottawa is taking new steps to cool the country's housing market. Canada Mortgage and Housing Corp. is limiting guarantees it offers banks and other lenders on mortgage-backed securities. The measure comes amid the federal government's efforts to protect taxpayers from financial risks in the housing sector, further cool lending and add upward pressure to mortgage rates.

Canada Housing Agency Caps Guarantees on Mortgage Securities (1)

Canada's housing agency is rationing the amount of mortgage-backed securities it guarantees, in a move that may lift the cost paid by consumers to buy a home. Canada Mortgage & Housing Corp. said it will impose a limit of C$350 million ($337 million) this month for each lender on new guarantees, according to a note to financial institutions published Aug.

CMHC cap on mortgage-backed securities to raise home costs, cool market

OTTAWA - Canadians may soon be paying more for new home loans as Canada Mortgage and Housing Corp. begins to clamp down on guarantees for mortgage-backed securities. The government agency has notified banks, credit unions and other mortgage lenders they will each be restricted to a maximum of $350 million of new guarantees this month under its National Housing Act Mortgage-Backed Securities program.

Ottawa's latest housing crackdown has some wondering - why now?

The latest tightening of mortgage rules might come down to a couple of thousand dollars for the average Canadian consumer but that still has many wondering why Ottawa is cracking down once again on housing. OTTAWA - The housing market may be recovering just a little too fast for CMHC, the federal Crown corporation that has a key role in shaping the market.

Why Did CMHC Cap Mortgage Guarantees? [List]

CMHC put a what on a who now? Somewhat surprisingly it was announced today that Canada Mortgage and Housing Corporation, or CMHC as it is more affectionately known, has placed a cap of $350 million per lending institution per month on Government of Canada insured mortgage-backed securities. That's a mouthful!

More on CMHCs MBS Ceiling

When news broke last week about CMHC limiting securitization guarantees, it was commonly viewed as a new attempt by Ottawa to clamp down on mortgages. In fact, it was an old attempt. The $85-billion MBS guarantee limit (the one that made headlines on Tuesday) was actually established earlier this year by CMHC and the Department of Finance.