Organization: Canada Mortgage and Housing Corporation
Year: 2022
Month: September
Request Number: AF-2022-00021
Request Summary: CMHC routinely measures the property values of insured mortgagors who use CMHC default insurance. I would like to better understand the number and percentage of CMHC-insured mortgage borrowers who might have a mortgage balance that is greater than their home value. As such, I request — going back to January 1, 2022— any reports, studies, reviews, briefing notes, emails, memos or other documentation related to the above topic, including any documentation related to communications between CMHC and the Finance Department, OSFI or Bank of Canada regarding this topic.
Disposition: All disclosed
Number of pages: 1