by Cain Daniel | Jul 8, 2015 | Mortgage Brokering, REMIC Blog
What is Property Insurance? Property insurance is a policy of insurance that provides coverage for the homeowner against covered risks. Why is it necessary? Basic insurance to cover the replacement of the building (normally the house) and other structures on the...
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 | Jun 17, 2015 | Mortgage Brokering, REMIC Blog
5 Steps in Fraud Prevention It is of vital interest to both the integrity of the mortgage brokerage industry and the mortgage industry as a whole that mortgage fraud be prevented whenever possible. As criminals use more sophisticated methods of committing fraud it is...
by Cain Daniel | Jun 17, 2015 | Marketing, Mortgage Brokering, REMIC Blog
11 Ways Consumers Can Prevent Mortgage Fraud While there are several methods available to industry participants to assist in preventing fraud, there are also several approaches available to consumers. The following advice should be given to a mortgage agent’s...