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Home : Home Mortgage Loan : Home Purchase Loan : MSN Newsfeeds : Banks sell $5-billion of mortgages - Globe and Mail

Banks sell $5-billion of mortgages - Globe and Mail

Canadian banks sold $5-billion of mortgages to Canada Mortgage and Housing Corp. at a price that indicates the government will indeed make a big profit on its program to help banks jump-start lending. CMHC will earn an average yield of 4.24 per cent ...
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