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Old 07-26-2012, 07:25 AM   #12
Deegee
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Join Date: Mar 2006
Location: Edmonton, AB
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Quote:
Originally Posted by albertGQ View Post
Oh. I'll add that just because CMHC will do it, does not mean all lenders will. The one I currently work at will not due to the risk of refinancing up to 95%
That kind of surprises me that even on a workout situation they wouldn't refinance is CMHC is willing to green light the deal. Seems like they would prefer to have delinquency fallout from a seperation.
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