by Cain Daniel | Jul 10, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
5 Defects to Avoid in a Contract A contractual defect is a significant flaw in a contract that affects the intention to create a legal relationship, causing the contract to be void or voidable. This type of defect can be caused by:• Misrepresentation• Duress• Undue...
by Cain Daniel | Jul 3, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, News, REMIC Blog
Finance Minister Joe Oliver denies that Canada is in the midst of a recession, saying he’s still confident the economy will grow this year. Source: ‘We’re not in a recession’: Finance minister confident in Canadian economy | CTV News
by Cain Daniel | Jun 29, 2015 | Mortage Investments, Mortgage Brokering, Mortgage Brokering in Ontario, News, REMIC Blog
TFSA and Mortgage Investing The TFSA (Tax Free Savings Account) limit increase, based on a 2011 Conservative election promise, is going to be a great boon to those who are in the middle class. Especially those who invest in high yield investment, such as...
by Cain Daniel | Jun 22, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Property Value Fraud The Appraisal Property value fraud can occur when criminals, in association with a dishonest appraiser, may have a property appraised at a higher value than it is worth. The criminal will then obtain a mortgage based on the inflated value and...
by Cain Daniel | May 1, 2015 | Life Insurance Licensing in Canada, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Protecting Your Clients From Identity Theft In today’s mortgage market, identity theft and impersonation are a significant concern, making it necessary for the mortgage agent to verify the identity of his or her client at the initial consultation. Regardless of...
by Cain Daniel | Apr 20, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Standard Charge Terms Lender Covenants The Standard Charge Terms is a document that is created by the lender and must be registered with the Director of Titles under the Land Titles Act. Many lenders’ Standard Charge Terms can be viewed...
