CMHC first-quarter earnings increase to $394 million despite dip in revenues

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OTTAWA – Canada Mortgage and Housing Corp. says its net income increased to a more normalized rate in the first quarter as the country’s economy continued to modestly improve. The country’s largest mortgage insurer says it earned $394 million for the three months ending March 31, up from $293.

The country’s largest mortgage insurer says it earned $394 million for the three months ending March 31, up from $293 million in the same period a year earlier and compared with $370 million in the first quarter of 2017.

Revenue fell to $380 million from 4 million. Meanwhile, normalized earnings – earnings before finance expense, income tax expense, depreciation and amortization, impairments and foreign exchange losses – increase to 72 cents per share from 55 cents in the year earlier period which.

OTTAWA – Canada Mortgage and Housing Corp. says its net income increased to a more normalized rate in the first quarter as the country’s economy continued to modestly improve. The country’s.

The country’s largest mortgage insurer says it earned $394 million for the three months ending March 31, up from $293 million in the same period a year earlier and compared with $370 million in the first quarter of 2017. revenue totalled .48 billion, down six per cent from $1.58 billion last year.

CMHC first-quarter earnings increase to $394 million despite dip in revenues OTTAWA – Canada Mortgage and Housing Corp. says its net income increased to a more normalized rate in the first quarter.

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CMHC’s first-quarter earnings increase to $394 million despite dip in revenues revenue totalled $1.48 billion, down six per cent from $1.58 billion last year CMHC president Evan Siddall.

CMHC to share in home price gains and losses in its new shared-equity mortgage plan. CMHC’s first-quarter earnings increase to $394 million despite dip in revenues. McLister referred to B.

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The country’s largest mortgage insurer says it earned $394 million for the three months ending March 31, up from $293 million in the same period a year earlier and compared with $370 million in.