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- Canada_Mortgage_and_Housing_Corporation abstract "Canada Mortgage and Housing Corporation (CMHC) is a Crown corporation, of the Government of Canada, founded after World War II to provide housing for returning soldiers. After the war, a serious housing shortage and the return of large numbers of veterans led the government to create CMHC to promote the development of new housing by offering very low cost mortgages with small down payments and easy terms. It later built and/or funded urban renewal projects in Canada's cities.One of the main functions of CMHC is to manage the federal Mortgage Insurance Fund (MIF), which was introduced in 1954 to provide protection to banks reluctant to enter the mortgage lending market.Today its main function is managing providing insurance for residential mortgage loans to Canadian home buyers. This insurance protects mortgage lenders against mortgage defaults on mortgages for which insurance has been purchased (mandatory on loans with less than 20% down although lenders may require it on loans with more than 20% equity if they perceive additional risk of default). Besides mortgage insurance, the agency provides financing to housing projects and renovations, does housing market analysis and funds research into housing design and technologies along with the National Research Council. The mandate of CMHC, as Canada's national housing agency, includes facilitating accessibility to a "wide choice of quality, environmentally sustainable, affordable housing solutions."The portfolio for Canada Mortgage and Housing Corporation is held by the Honourable Jason Kenney, Minister of Human Resources and Skills Development (2012). Previously the portfolio was held by the Minister of Labour and Housing. The board of directors and president are appointed by the Government of Canada.".
- Canada_Mortgage_and_Housing_Corporation thumbnail CMHC_headquarters_Building_A.jpg?width=300.
- Canada_Mortgage_and_Housing_Corporation wikiPageExternalLink www.cmhc-schl.gc.ca.
- Canada_Mortgage_and_Housing_Corporation wikiPageID "1405996".
- Canada_Mortgage_and_Housing_Corporation wikiPageRevisionID "605635630".
- Canada_Mortgage_and_Housing_Corporation hasPhotoCollection Canada_Mortgage_and_Housing_Corporation.
- Canada_Mortgage_and_Housing_Corporation subject Category:1946_establishments_in_Canada.
- Canada_Mortgage_and_Housing_Corporation subject Category:Canadian_federal_Crown_corporations.
- Canada_Mortgage_and_Housing_Corporation subject Category:Companies_based_in_Ottawa.
- Canada_Mortgage_and_Housing_Corporation subject Category:Government_agencies_established_in_1946.
- Canada_Mortgage_and_Housing_Corporation subject Category:Housing_finance_in_Canada.
- Canada_Mortgage_and_Housing_Corporation subject Category:Housing_in_Canada.
- Canada_Mortgage_and_Housing_Corporation subject Category:Housing_ministries.
- Canada_Mortgage_and_Housing_Corporation subject Category:Mortgage_lenders.
- Canada_Mortgage_and_Housing_Corporation comment "Canada Mortgage and Housing Corporation (CMHC) is a Crown corporation, of the Government of Canada, founded after World War II to provide housing for returning soldiers. After the war, a serious housing shortage and the return of large numbers of veterans led the government to create CMHC to promote the development of new housing by offering very low cost mortgages with small down payments and easy terms.".
- Canada_Mortgage_and_Housing_Corporation label "Canada Mortgage and Housing Corporation".
- Canada_Mortgage_and_Housing_Corporation label "Société canadienne d'hypothèque et de logement".
- Canada_Mortgage_and_Housing_Corporation sameAs Société_canadienne_d'hypothèque_et_de_logement.
- Canada_Mortgage_and_Housing_Corporation sameAs m.04z_bm.
- Canada_Mortgage_and_Housing_Corporation sameAs Q3487710.
- Canada_Mortgage_and_Housing_Corporation sameAs Q3487710.
- Canada_Mortgage_and_Housing_Corporation wasDerivedFrom Canada_Mortgage_and_Housing_Corporation?oldid=605635630.
- Canada_Mortgage_and_Housing_Corporation depiction CMHC_headquarters_Building_A.jpg.
- Canada_Mortgage_and_Housing_Corporation homepage www.cmhc-schl.gc.ca.
- Canada_Mortgage_and_Housing_Corporation isPrimaryTopicOf Canada_Mortgage_and_Housing_Corporation.