Ten things to know about CMHC’s Insured Mortgage Purchase Program

Created
Tue, 07/04/2020 - 05:42
Updated
Tue, 07/04/2020 - 05:42
In March 2020, the Trudeau government launched a new version of the Insured Mortgage Purchase Program (IMPP). According to CMHC’s website: “Under this program, the government will purchase up to $50 billion of insured mortgage pools through CMHC.” Here are 10 things to know: 1. Canada Mortgage and Housing Corporation (CMHC) is a federally-owned crown corporation. Many of us know [...]