No. They maintain a spread for the servicing of the mortgages, but the yield in which they're selling it to us at then becomes their cost of funds, and they would not look to make a loss on that.
On March 24th, 2009. See this statement in context.
On March 24th, 2009. See this statement in context.
Treasurer, Canada Mortgage and Housing Corporation
No. They maintain a spread for the servicing of the mortgages, but the yield in which they're selling it to us at then becomes their cost of funds, and they would not look to make a loss on that.
See context to find out what was said next.