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Old 04-28-2012, 10:28 AM   #2153
Red
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Quote:
Originally Posted by chemgear View Post
No timeline or any kind of formal announcement - just interesting that they would even publically talk about it as a possibility.

http://business.financialpost.com/20...flaherty-says/

CMHC could be pulled out of mortgage insurance business, Flaherty says.
Looks like they either want to separate themselves from the housing business or it's just more lip service to try and slow down the market.

Either way, this is just more bad press for RE.
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