Mortgage Insurance Disclosure (Banks, Authorized Foreign Banks, Trust and Loan Companies, Retail Associations, Canadian Insurance Companies and Canadian Societies) Regulations (SOR/2010-69)
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Regulations are current to 2013-04-29 and last amended on 2011-01-01. Previous Versions
11. For greater certainty, the payments referred to in sections 7 to 10 do not include any payment received by the institution in respect of a claim made by the institution under the mortgage insurance as a result of a default on the residential mortgage that is the subject of the insurance.
COMING INTO FORCE
12. These Regulations come into force on January 1, 2011.
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