According to a Department of Finance spokesperson, «Unregulated lenders represent a relatively small portion of the mortgage market, estimated at around 15 % of new mortgage originations in Canada. (canadianbusiness.com)
This proposed 25 basis points (bps) reduction has been suspended and, therefore, means there is no change to FHA premiums for new mortgage originations or refinances FHA mortgages. (usmi.org)
One report, outlining a government study on the effect of minimum credit scores on new mortgage originations, points out that the scores specifically affect «those living in middle - income or moderately black communities.» (studentloans.net)