Fraudsters head for commercial ground
A tough residential real estate market means fraudsters are on the move to commercial, writes Vernon Clement Jones, but should the buck stop with brokers?
CMP releases complete list of nominees
CMP magazine is sharing all of candidates for the upcoming Canadian Mortgage Awards, the most exhaustive and representative list in the awards’ celebrated history.
Brokers need to know their clients, says insurer
Mortgage brokers can help fight fraud by checking their client’s backgrounds, says a title insurance provider, which investigates $120,000 of suspected mortgage and title fraud every day.
Brokers: Time for mono-lines to eat refi fees
It’s increasingly apparent all mono-lines will have little choice but to cover legal and appraisal costs for refis, argue leading Toronto agents, billing it as essential to satisfying clients – now inundated with no-fee offers from the banks.