Friday’s Quick Hits!
Toronto Realty Blog
AUGUST 28, 2020
A massive lawsuit in the building forced all three mortgage lenders, CMHC, Genworth, and Canadian Guaranty, to essentially “blacklist” the building. This meant that buyers were not able to obtain mortgage insurance in the building, and thus no buyers with less than a 20% down payment could purchase there. Oh, I dunno.
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