Canadians manage their mortgage debt responsibly: CMHC (Investment Executive)


Seventy-eight per cent of Canadians who recently purchased a new home intend to pay off their mortgage as quickly as possible, and many have already taken steps toward that goal, according to a new survey from Canada Mortgage and Housing Corp. (CMHC).

Fed Expands Collateral for TSLF, Sets $75 Bln Auction (Update1) (Bloomberg.com)
March 20 (Bloomberg) — The Federal Reserve expanded collateral eligible for its auction of Treasuries to include bundled mortgage debt and securities linked to commercial real- estate loans.

Union City man gets jail in mortgage fraud case (The Daily Review)
Two mortgage-elimination scam artists, including one from Union City, were sentenced this week for their roles in tricking homeowners into believing that the scammers could rid them of mortgage debt.

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