Pilot Survey of Non-Federally Regulated Mortgage Lenders
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For Information onlyThis is an electronic survey example for information purposes only. This is not a working questionnaire.
Introduction
The purpose of this survey
The purpose of this survey is to collect detailed information from non-federally regulated lenders on residential mortgages. In recent years the number of non-federally regulated lenders and their share of issued mortgages, has grown. The survey will collect information on the non-federally regulated portion of residential mortgage market. The data will be used by the Canada Mortgage and Housing Corporation to better assess the risk in the Canadian housing market. The information may also be used by Statistics Canada for other statistical and research purposes.
Data-sharing agreements
Section 12 of the Statistics Act provides for the sharing of information with federal, provincial or territorial government organizations. To reduce respondent burden, Statistics Canada has entered into a data-sharing agreement with The Canada Mortgage and Housing Corporation, who has agreed to keep the data confidential and use them only for statistical purposes. Under Section 12, you may refuse to share your information by writing a letter of objection to the Chief Statistician and returning it with the completed questionnaire. Please specify if you do not want to share your data with The Canada Mortgage and Housing Corporation.
Record linkages
To enhance the data from this survey, Statistics Canada may combine it with information from other surveys or from administrative sources.
Fax or email transmission disclosure
Statistics Canada advises you that there could be a risk of disclosure during the transmission of information by facsimile or e-mail. However, upon receipt, Statistics Canada will provide the guaranteed level of protection afforded to all information collected under the authority of the Statistics Act.
Confidentiality
The Statistics Act protects the confidentiality of information collected by Statistics Canada. Statistics Canada is prohibited by law from releasing any information it collects that could identify any person, business, or organization, unless consent has been given by the respondent or as permitted by the Statistics Act.
Return the completed questionnaire in the enclosed envelope by August 31, 2017.
If you prefer to return your completed questionnaire by fax, please send it to: 1-888-883-7999.
Who should complete this questionnaire?
This questionnaire should be completed by a financial manager with a thorough knowledge of your organization's residential mortgage data.
Reporting instructions
- Please print in ink.
- Report dollar amounts in Canadian dollars.
- Report dollar amount rounded to the nearest dollar.
- When precise figures are not available, please provide your best estimates.
- Enter "0", if there is no value to report.
- Use parentheses to report negative values.
- Report for Canadian operations only - please exclude foreign affiliates.
- Report for the calendar quarter
- Please exclude lines of credit (LOC) and home equity line of credits (HELOC) not considered a mortgage
- Please include traditional mortgages loans and amortized HELOC
Definitions
Affiliate: The term "affiliate" used in this questionnaire covers unconsolidated:
• parent, subsidiary and related corporations
• related joint ventures and partnerships
• head offices, branches and divisions
• directors, officers and individual shareholders
Affiliates are entities within a common family of corporations controlled or significantly influenced by the reporting company or another company within the corporate family.
Arrears: Mortgage loans are in arrears at the end of a quarter if payments are 90 days or more past due.
Credit-impaired loans: Mortgage loans are deemed credit-impaired when they become uncollectable and are identified for sale.
Insured Residential Mortgages: Residential mortgage loans insured either under the National Housing Act or by other insurance companies/agencies.
Residential Property: Residential property consists of buildings that are used, or are to be used, to the extent where at least one-half of the floor space thereof, as one or more private dwellings. Residential property with 1-4 units include buildings such as: detached homes, semi-detached homes, row housing, condos, plexes, cottages, construction sites for residential purposes, and 1-4 unit residences with a commercial component. Mortgages for residential units with more than 4 units include: apartment building complexes with or without commercial components, retirement homes, office/residential condos where, construction sites for residential purposes.
Non-residential property: All property not classified as residential property, including such structures as hotels, stores, office buildings garages, theatres, warehouses, industrial plants, institutional properties, farms and vacant land.
Residential Mortgage Loan: A primary market exchange between an original mortgage lender (e.g. Bank, Mortgage Broker, Local credit Union) and an individual to complete a mortgage transaction extended to individuals or to corporations for a residential property.
Uninsured Residential Mortgages: Includes all residential mortgages loans not classified as insured.
Section A: Residential Mortgages
Extended for new purchase
- : Value (Canadian dollars)
- : Number of mortgages
Extended for other reasons (Refinance, renewal, etc.)
- : Value (Canadian dollars)
- : Number of mortgages
Total extended during the quarter
- : Value (Canadian dollars)
- : Number of mortgages
Arrears at the end of the calendar quarter
- : Value (Canadian dollars)
- : Number of mortgages
Section B: Uninsured Residential Mortgages
Please report for the first calendar quarter (January 1st to March 31st) in 2017.
Report for Canadian operations only.
Section B: Uninsured Residential Mortgages - Question identifier:4
Please specify the total dollar value and the total number of all uninsured residential mortgages outstanding on the last business day of the calendar quarter.
Include mortgage loans deemed credit-impaired during quarter.
Exclude LOC and HELOC (non-amortized).
Exclude mortgages for non-residential property.
Uninsured residential mortgages
Total outstanding at the end of quarter
- : Value (Canadian dollars)
- : Number of mortgages
Section B: Uninsured Residential Mortgages - Question identifier:5
Please specify the total dollar value and the number of uninsured residential mortgages that were extended during the calendar quarter.
Exclude LOC and HELOC (non-amortized).
Exclude mortgages for non-residential property.
Uninsured residential mortgages
Extended for new purchase
- : Value (Canadian dollars)
- : Number of mortgages
Extended for other reasons (Refinance, renewal, etc.)
- : Value (Canadian dollars)
- : Number of mortgages
Total extended during the quarter
- : Value (Canadian dollars)
- : Number of mortgages
Section B: Uninsured Residential Mortgages - Question identifier:6
Please specify the total dollar value and the total number of uninsured residential mortgages in arrears of 90 days or more as of the last business day of the calendar quarter.
Uninsured residential mortgages in arrears are those mortgages where payments are 90 days or more past due.
Exclude mortgage loans deemed credit-impaired during quarter.
Exclude LOC and HELOC (non-amortized).
Exclude mortgages for non-residential property.
Uninsured residential mortgages
Arrears at the end of the calendar quarter
- : Value (Canadian dollars)
- : Number of mortgages
Please return completed questionnaire by August 31th 2017.
Contact Information
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