Top three mortgage frauds and how to spot them
Mortgage fraudsters are upping their game in this soft market, and brokers need to remain vigilant to avoid getting caught in their web, according to industry experts, identifying the latest fraud indicators to look out for.
Broker: banks winning the rental wars
Some mono-lines may in fact be chasing rental business to the banks by attaching premiums to both the borrower’s interest rate and insurance costs, argues one broker focused on that end of the market.
Channel execs win brokers a national stage
Brave souls or gluttons for punishment? DLC execs will enter the CBC’s fiery Dragons' Den Thursday, offering up a financial literacy program launched through the network’s brokers and now humbly presented as an investment opportunity.
Not all lines of credit are created equal
Canadian Real Estate Wealth contributor Peter Kinch explains that brokers working with investors looking for extra leverage to make their next investment must look at the nuances and differences offered to them in the form of lines of credit
Top originator urges niche brokering, focus on property investors
With an originations slowdown sending brokers scrambling to diversify their portfolios, a top Ontario player is arguing “niche” brokering may actually be the best way forward.
Working with investor clients
Rental properties generate extra income for consumers. As a broker, specializing in the real estate investor market could be your preferred way to make money. CMP continues its special focus on niche markets
The tax tips (and traps) you should know now
As a mortgage professional, it's not your job to give tax advice, but there are a few mortgage scenarios where a little bit of tax knowledge can go a long way to helping your clients. TDMP's Sandy Aitken shows you how
Mortgage Mentor adds rental financing tool to its line-up
The Vancouver-based software company Mortgage Mentor just announced the launch of its latest product, the Rentalsman, an interactive database of major Canadian lenders that provide rental and investment property financing.
Don't like the current market? Buy globally
Since its arrival in Canada last December, Lloyds TSB has seen growing customer interest in the International Mortgage Service according to Luke Stuart, the business development manager in the company's Toronto representative office.