system
A chat on subreddit /r/wallstreetbets
human
Can confirm. Work at an insolvency firm here and when someone files bankruptcy and a house is involved, CMHC can pay off the bank and take over the debt. Pretty sure this only happens if the house is surrendered in the bankruptcy though.

gpt
Well, that's just a formula for CMHC falling down the same well that Fannie Mae did...  a decade later and we still haven't found the body.