Genworth Financial Mortgage Insurance Company Canada
Enregistrement :
21
de
23
(2020-12-15
à
2021-07-02)
Politique ou Programme
Canada Mortgage Bond Program as it relates to mortgage financing and mortgage insurance
Consumer measures around mortgage insurance as they may impact the company's business
Federal government guarantee agreement that backs private mortgage insurers' obligations to lenders in the event of default by the insurer.
Matters impacting capital lenders must hold on insured mortgages
Measures focused on strengthening mortgage underwriting/anti-fraud and consumer protection.
Non government-backed mortgage insurance
Potential for offering additional mortgage insurance products outside the government-guarantee
Submission of Business Proposal to OSFI, and follow up discussions with Department of Finance.
Proposition législative, Projet de loi ou résolution
Risk Sharing - Department of Finance led consultation regarding the introduction of a deductible or shared risk structure between regulated insurers and lenders.
Règlement
Office of the Superintendent of Financial Institutions Canada and Finance Canada review of a transaction of a North American insurer by a foreign, privately-held corporation. Regulations regarding the approval process.