While Canada boasts historically low default rates, there is still a strong culture of
insuring against the risk of default from borrowers.
Not exact matches
However, investors looking to
insure themselves
against the
default risk of energy bonds are being asked to pay up.
So, when you buy our
insured products, you will enjoy greater peace
of mind knowing that you're better managing third party
risk and defending your business
against the negative financial consequences
of a possible loan
default and the resulting repurchase request.
Section 223 (e) helps to meet the need for adequate housing for moderate and low income families by
insuring lenders
against the
risk of default on mortgage loans to finance the rehabilitation, purchase, or construction
of housing in declining, older, but still viable urban areas where requirements for other mortgage insurance can't be met.