Guest bengrahamofthenorth Posted December 14, 2011 Posted December 14, 2011 Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work?
Guest notorious546 Posted January 13, 2016 Posted January 13, 2016 Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work? stock trades quite cheap ~1.1 book value, maybe 7x 2016e earnings. anyone looked at this recently.
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