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India

Profile: Genworth MI Canada Inc (MIC.TO)

MIC.TO on Toronto Stock Exchange

43.51CAD
15 Aug 2018
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Genworth MI Canada Inc., through its subsidiary, Genworth Financial Mortgage Insurance Company Canada, operates as a private-sector residential mortgage insurer. The Company provides mortgage default insurance to Canadian residential mortgage lenders. It underwrites mortgage insurance for residential properties in various provinces and territories of Canada. The Company offers both transactional and portfolio mortgage insurance. Its transactional mortgage insurance covers default risk on mortgage loans secured by residential properties to protect lenders from any resulting losses on claims. It also provides portfolio mortgage insurance to lenders for loans with loan-to-value ratios of 80% or less. Under mortgage insurance, it serves originators of residential mortgage loans, such as banks, mortgage loan and trust companies, and credit unions. It works with lenders, mortgage brokers and real estate agents across Canada to make homeownership accessible for first-time homebuyers.

Company Address

Genworth MI Canada Inc

2060 Winston Park Drive
OAKVILLE   ON   L6H 5R7
P: +1905.2875484
F: +1905.2875472

Company Web Links