DBRS Hosts Teleconference Today at 11 a.m. on Renovations Underway: Housing Markets, Residential Mortgages and Household Leverage in Canada

DBRS is holding a teleconference today at 11:00 a.m. to discuss the publication of “Renovations Underway: Housing Markets, Residential Mortgages and Household Leverage in Canada,” a study published this morning.

Originally published in May 2007 and covering the residential mortgage market in Canada from 1997 to 2006, DBRS has updated and expanded the study with insight into the general housing and residential mortgage markets and household leverage in Canada between 2000 and 2009.

Led by Jerry Marriott, Managing Director of Canadian Structured Finance, the call will provide an overview of the four major themes of the study:

(1) Overview of the Canadian Residential Property Market

(2) Characteristics of the Canadian Residential Mortgage Market

(3) Dynamics of the Canadian Residential Mortgage Market

(4) Differences of Mortgage Markets in Canada and the United States

Don’t miss this important event (see call-in details below).

DBRS Teleconference
Date: Friday, May 28, 2010
Time: 11:00 a.m. ET
Local or Overseas Callers: +1 416 695 7806
Toll-Free Callers: + 1 888 789 9572
Pass Code: 8585275

A replay will be available approximately one hour after the completion of the teleconference until end of day on June 3, 2010, at the following numbers:

Local or Overseas Callers: +1 416 695 5800
Toll-Free Callers: +1 800 408 3053
Pass Code: 6717734

MEDIA CONTACT
Caroline Creighton
Senior Vice President –
Communications
Tel. +1 416 597 7317
ccreighton@dbrs.com