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Mortgage Broker News | 10 Jun 2014, 09:40 AM Agree 0
One broker has a beef with a lender after a number of his mortgages were not honoured following a policy change.
  • Amelia M | 10 Jun 2014, 09:35 PM Agree 0
    Good to hear I only knew of Olympia Trust and B2B who did self directed still, so there are a few more I see but yes TDCT ws unfair to me in their policy as well. I feel no need to protect their name, it was dirty pool in my opinion.
  • David Marco | 11 Jun 2014, 08:54 AM Agree 0
    Actually it wasn't TDCT that but B2B. Their policy change cost me money and forced me to move some of my investments at my expense. I am looking at remedies. I set up a self directed plan with Canadian Western Trust and to date they have been amazing. You may want to check them out as well. Feel free to contact me directly to discuss your issues with TDCT. Thanks.
  • Ron Butler | 11 Jun 2014, 02:44 PM Agree 0
    We are doing $10 Million in private mortgages a year out of Scotia Trust Self Directed on behalf of our own money and our investors and so far zero problems. No third mortgages but we really don't ever do thirds so not an issue.
  • David Marco | 12 Jun 2014, 04:24 PM Agree 0
    Just to update all that today B2B rectified all issues to my complete satisfaction. I will be happy to talk to anyone if they have similar issues with B2B or any institution.
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