Latest in Mortgage News: CMHC to Get New Name, Maybe Housing Canada

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What’s in a name? Well, in the case of the Canada Housing and Mortgage Corporation, “mortgage” likely won’t be for much longer.

The housing agency announced last week that it will be undergoing a rebranding in the coming months to better reflect its mandate. CEO Evan Siddall says the current name overemphasizes homeownership financing and doesn’t highlight the agency’s work related to housing affordability.

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Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  September 22, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/09/latest-in-mortgage-news-cmhc-to-get-new-name-maybe-housing-canada/



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