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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 > NO TO THE SALE
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Post by ariesleafon Jul 02, 2019 10:45am
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Post# 29879728

NO TO THE SALE

NO TO THE SALEGenworth Financial Inc. (GNW.N) is looking to unload its stake in one of Canada’s largest mortgage insurers as the company continues to await approval from Ottawa for its proposed sale to a Chinese conglomerate.

Say NO
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