Canada Guaranty

 

On April 16, 2010, a Canadian private investor group, comprised of the Ontario Teachers’ Pension Plan and National Mortgage Guaranty Holdings Inc., acquired AIG United Guaranty Mortgage Insurance Company Canada. This transaction created the only 100% Canadian-owned private mortgage insurance company, known as Canada Guaranty Mortgage Insurance Company (“Canada Guaranty”).

The introduction of Canada Guaranty benefits lenders, mortgage professionals and consumers by fostering a competitive market dynamic and creating new choice among mortgage insurance providers. With a comprehensive suite of products, mortgage insurance from Canada Guaranty protects lenders and investors from losses related to borrower default and foreclosure.

 

http://www.canadaguaranty.ca/homebuyers/

 

 

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