Lender Updates
Latest Updates
Minimum qualifying rate exception for low-ratio portfolio insured switches | February 6, 2025
Enhancements to Sagen’s Underwriting Policies and Standards | January 30, 2025
Refinance for Secondary Suites | December 9, 2024
Mortgage Insurance Rule Changes | September 30, 2024
30-Year Amortization Update | June 19, 2024
Homeowners Impacted by Wildfires Across Canada | May 14, 2024
30-Year Amortizations | May 6, 2024
Updates to Sagen’s “Underwriting Policies and Standards (UPS) | January 8, 2024
OSFI B20 | Oct 20, 2023
Organizational Update | Oct 13, 2023
Enhancements to Sagen’s “New to Canada Program” | Oct 3, 2023
Homeowners Impacted by Flooding in Nova Scotia | July 25, 2023
Insurance In Force (IIF) Data Reporting | July 24, 2023
Homeowners Impacted by Wildfires Across Canada | June 9, 2023
Homeowners Impacted by Quebec and New Brunswick Wildfires | June 5, 2023
Homeowners Impacted by Nova Scotia Wildfires | May 30, 2023
Homeowners Impacted by Alberta Wildfires | May 9, 2023
Update on Default Management Tools to Support Borrowers | Sept 1, 2022
Enhancements to Sagen’s “Energy Efficient Housing Program” | June 28, 2022
Homeowners Impacted by Flooding in British Columbia | Nov 24, 2021
Genworth Email Redirection is Expiring | Sept 2, 2021
Homeowners Impacted by Wildfires in British Columbia | Jul 6, 2021
New Minimum Qualifying Rate | May 27, 2021
Genworth Canada is now Sagen | Oct 23, 2020
A Message From Canada’s Mortgage Insurers | Aug 12, 2020
Homeowner Mortgage Relief Options (1 to 4 units) | July 30, 2020
Enhanced Reporting Requirements for Insured Loans | July 30, 2020
Genworth Canada Confirms No Canadian Data Breach
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June 12, 2020
Clarification on Underwriting Guidelines
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June 8, 2020
Support Available for Homeowners Impacted by Alberta Flooding
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April 30, 2020
Support Available for Homeowners Impacted by COVID-19
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March 18, 2020
New Benchmark Rate for Insured Mortgages
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March 12, 2020
Support Available for Homeowners Impacted by COVID-19 (Coronavirus)
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March 16, 2020
Treatment of Outbuildings in Lending Value
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March 2, 2020
Past Updates
2019
New Western Canada Underwriting Centre
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December 10, 2019
Support Available for Homeowners Impacted by Labour Strikes in Saskatchewan |
October 22, 2019
Support Available for Homeowners Impacted by Hurricane Dorian
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September 11, 2019
Summary of Genworth Policy Changes 2019 |
August 12, 2019
Genworth Policies and Standards Guidelines 2019
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August 12, 2019
Treatment of Unsecured Credit for Qualification Purposes |
July 12, 2019
Genworth Policies and Standards RVP
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May 9, 2019
Support Available for Homeowners Impacted by Flooding
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April 25, 2019
Commitment Period – New Construction Properties |
March 19, 2019
3-4 Unit Properties
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March 8, 2019
Equity Buyout Policy |
February 5, 2019
2018
Clarification on legalization of cannabis related to mortgage insurance |
October 16, 2018
PEI Down Payment Assistance Program
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October 10, 2018
Support Available for Homeowners Impacted by Tornados |
September 25, 2018
Support Available for Homeowners Impacted by B.C. Wildfires
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August 17, 2018
Genworth Canada Data Sharing with Statistics Canada |
August 14, 2018
Support Available for Homeowners Impacted by Flooding
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May 4, 2018
Newfoundland and Labrador First-time Homebuyers Program
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April 18, 2018
2017
Treatment of Rental Income for Qualification Purposes |
December 1, 2017
Clarification on Application of Bank of Canada Qualifying Rate
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August 14, 2017
Homeowners Impacted by Wildfires in British Columbia |
July 10, 2017
Saskatchewan Provincial Tax on Insurance Premiums
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June 22, 2017
Lender Support Available for Homeowners Impacted by Flooding |
May 10, 2017
Nova Scotia Down Payment Assistance Program
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May 1, 2017
Mortgage Insurance Premium Rate Changes |
January 25, 2017
2016
BC Home Partnership Program
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December 22, 2016
Low-Ratio Mortgage Insurance Changes |
November 30, 2016
Mortgage Insurance Premium Rate Changes |
January 25, 2017