Canada Guaranty mortgage insurance now available through ING DIRECT

TORONTO, Jan. 30, 2012 /CNW/ - Canada Guaranty announced today that its full suite of mortgage insurance products is now available through ING DIRECT. Both Canada Guaranty and ING DIRECT are committed to ensuring Canadians benefit from greater access to affordable homeownership through a variety of mortgage insurance solutions.

"Canada Guaranty is focused on continued growth through the pursuit of quality partnerships and we are delighted to have the opportunity to work with ING DIRECT," said Andy Charles, President and CEO of Canada Guaranty. "We look forward to supporting their commitment to helping more Canadian homebuyers 'unmortgage' their homes sooner."

"ING DIRECT has always been dedicated to improving the mortgage experience for Canadians," said Mark Kocaurek, Chief Lending Officer, ING DIRECT. "With solutions now available through Canada Guaranty it means we can continue to offer our clients increased choice and service for affordable home ownership."

"Having access to regional Account Executives represents an important resource for our team," added Kim Luxton, Director, Broker Sales at ING DIRECT. "Through the personalized support and essential training offered by Canada Guaranty, we continue to ensure our brokers and clients benefit from enhanced service and solutions."

To learn more about the products and services available through Canada Guaranty, please contact a member of our experienced team or visit www.canadaguaranty.ca, today!

About Canada Guaranty Mortgage Insurance Company
As the only 100% Canadian-owned private mortgage default insurer, Canada Guaranty Mortgage Insurance Company is backed by the leading financial strength of its ownership group, comprised of the Ontario Teachers' Pension Plan and National Mortgage Guaranty Holdings Inc. Working with industry partners to promote greater access to sustainable homeownership, Canada Guaranty offers mortgage and lending professionals improved choice through service excellence and a comprehensive suite of mortgage default insurance solutions. With headquarters in Toronto and a growing team providing national coverage, Canada Guaranty remains committed to meeting the diverse needs of homebuyers across the country. For more information, please visit: www.canadaguaranty.ca

About ING DIRECT
ING DIRECT is Canada's leading direct bank with over 1.8 million Clients and more than $37.6 billion in total assets. ING DIRECT gives the power of saving to all Canadians by offering high-value, simple products such as high interest Savings Accounts with no fees or service charges, low rates on mortgages and a no-fee daily Chequing Account that actually pays interest. Low cost, index based mutual funds are sold through ING DIRECT Funds Limited. ING DIRECT has been operating in Canada since 1997 and paid more than $5 billion in interest to Clients. ING DIRECT is open for banking 24 hours a day, 7 days a week, at ingdirect.ca, on mobile devices at m.ingdirect.ca or by calling 1-800 ING DIRECT (1-800-464-3743).

SOURCE Canada Guaranty Mortgage Insurance Company

For further information:

Maria Pimenta, 416.640.8937

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Canada Guaranty Mortgage Insurance Company

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