by Cain Daniel | Jun 15, 2015 | Mortgage Brokering, REMIC Blog
Mortgage Fraud for Shelter Fraud for shelter is one of the most common forms of fraud in the mortgage industry. This type of fraud occurs when an individual wishes to purchase a home in which to reside with no intent to abscond with mortgage funds or fraudulently sell...
by Cain Daniel | Jun 10, 2015 | Marketing, Mortgage Brokering, REMIC Blog
7 Advertising Techniques Brokers Should Avoid Brokerages must be keenly aware of the definitions of the terms used in this Regulation, especially in this climate of financial turmoil and the increase of oversight of lending and brokering practices. Several other...
by Cain Daniel | May 25, 2015 | Mortgage Brokering, Real Estate Appraisal, REMIC Blog
Why A Lender Requires An Appraisal Appraisal Basics A real estate appraisal is a key component in a lender’s decision to lend. There are several purposes for completing a real estate appraisal, including to determine: The cost to rebuild the home in case of...
by Cain Daniel | May 25, 2015 | Marketing, Mortgage Brokering, REMIC Blog
Biggest residential mortgage lenders in Canada The study of Ontario’s demographics is required to develop an understanding of the makeup of the market and its potential from the standpoint of mortgage financing. Mortgage brokers are often the best source of this...
by Cain Daniel | May 11, 2015 | Mortgage Brokering, REMIC Blog
What is Foreclosure? Foreclosure is the process of using the courts to take title to the mortgaged property, thereby extinguishing all rights that the borrower or any other party may have in the property. This process can be time consuming, taking upwards of six...
by Cain Daniel | May 8, 2015 | Becoming a Mortgage Broker, Marketing, Mortgage Brokering, REMIC Blog
What Every Mortgage Agent Must Know About A Mortgage Transaction Brokering a mortgage transaction involves several key participants in the mortgage industry. Before the process of brokering a mortgage transaction can be examined, it is important to answer a basic...