Which insurance company administers the National Housing Act (NHA)?

The Canada Mortgage and Housing Corporation (CMHC) administers the National Housing Act (NHA). Established by the Canadian government, CMHC plays a crucial role in the housing sector by facilitating access to mortgage insurance and supporting various housing initiatives to ensure affordable housing for all Canadians. The NHA specifically outlines the framework for mortgage insurance, financial assistance, and funding for housing programs, which CMHC oversees.

While other companies like Genworth Canada and Canada Guaranty provide mortgage insurance and operate under the framework set by the NHA, they do not administer the act itself. Their roles are to underwrite and manage mortgage insurance policies, but the overarching administration and policy implementation comes from CMHC. Equitable Bank, although involved in various banking and lending activities, also does not manage the NHA. Therefore, CMHC is clearly identified as the correct entity associated with the administration of the National Housing Act.