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A comment on The Canadian Housing Boom Fueled by China’s Billionaires. Parent comment

Re:The Canadian Housing Boom Fueled by China’s Billionaires by acveilleux on Wednesday August 03, 2016 @01:05PM (#12219525)
They don't insure the value of the mortgage, they insure the shortfall between what the lender recoup in foreclosure vs. the outstanding loan balance.
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