Investor Presentaiton
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Canadian Residential Mortgages – LTVs*
Credit fundamentals remain strong
NEW ORIGINATIONS UNINSURED LTV1 DISTRIBUTION
BC &
Territories
GVA
63%
GTA
62%
Q3/19
Q2/20
Q3/20
Canada
Total Originations ($B)
Uninsured LTV
14.0
10.5
13.0
64%
64%
64%
GTA
Total Originations ($B)
Uninsured LTV
4.5
3.3
3.7
63%
62%
62%
64%
Prairies 67%
ON
QC
Atlantic
Provinces
63%
67%
66%
GVA
Total Originations ($B)
Uninsured LTV
1.6
1.4
1.5
61%
62%
63%
1 Average LTV ratios for our uninsured residential mortgages originated during the quarter
FICO® DISTRIBUTION - CANADIAN UNINSURED PORTFOLIO²
Ⓡ
Average FICO® Score
62%
Canada
788
GTA
790
GVA
789
14%
10%
10%
4%
< 635
636-706
707-747
748-788
> 788
FICO is a registered trademark of Fair Isaac Corporation
2 FICO distribution for Canadian uninsured portfolio based on score ranges at origination
3 Percentage is based on Total Mortgages
*Above figures include Wealth Management
Only <0.57% of uninsured portfolio³ has
a FICO® score of <620 and an LTV >65%
Canadian uninsured mortgage portfolio
is $144 billion as at Q3/2020
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