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Sagen MI Canada Inc T.MIC


Primary Symbol: T.MIC.PR.A

Sagen MI Canada Inc. is a Canada-based company, operating through its wholly owned subsidiary, Sagen Mortgage Insurance Company Canada, doing business as Sagen, which is a residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership accessible to first-time homebuyers. It has built a broad underwriting and distribution platform that provides customer-focused products and support services to Canada’s residential mortgage lenders and originators. The Company underwrites mortgage insurance for residential properties in all provinces and territories of Canada and has the market share among private sector mortgage insurers. The Company’s products and services include Homebuyer 95 Program, New to Canada Program, Investment Property Program, Family Plan Program, Second Mortgage Program, Progress Advance Program, Energy Efficient Housing Program and Purchase Plus Improvements Program.


TSX:MIC.PR.A - Post by User

Sagen MI Canada Inc
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Comment by vanderhoofon Jul 27, 2015 11:43am
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Post# 23963020

RE:RE:what??

RE:RE:what??
Like all of the recent posts   ---- this drop in price certainly seems  goofy in light of how mortgages are created and insured in Canada.  I have always thought that the shorters did more work researching their positions than those who go long  ----- maybe I have been wrong about that. Also,  I am surprised that US investors really pay that much attention to Canadian stocks to the extent that they are the big shorters  ---- hard to believe. 
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