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Mortgage Broker News | 02 Jul 2015, 08:45 AM Agree 0
Brokers are split on what effect one recent government rule change will have on the instances of fraud in the real estate industry.
  • Debbie | 02 Jul 2015, 09:44 AM Agree 0
    Fraud requires more than one crooked person to perpetrate. A "crooked" Realtor can't do it all by himself, he has to have it all lined up. Electronic signatures are through email, not on a Realtor's computer, and to sign up for the electronic signature, you have to give your Realtor license number and who you work for, not just anyone can sign up. If fraud happens, most likely the Realtor is being duped too! Like anything Fraudsters most likely will find a way to use it, but hey, that's the electronic world we live in now. "know your client" takes on a whole new meaning!
  • Jerry Quigley | 02 Jul 2015, 09:46 AM Agree 0
    The whole world is using electronic signatures; about time Canada got dragged into the 21st century.
    Those dreaded ATM cards caused similar worries. Relax, business will be just fine.
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