A run down of what's going on in the market and the company.

Tuesday, March 9, 2010

Insured Stated Income Programs Tighten Up

CMHC has felt for a while that too many people apply for stated income mortgages that shouldn’t.

Therefore, effective April 9, CMHC is adding more restrictions to its Self-Employed stated income product..

Read the rest here:

Article Source: Canadian Mortgage Trends
Article Direct Link: CMHC Tightens Up Stated Income Program

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