by Cain Daniel | Sep 4, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Here are some Do’s and Don’ts for advertising your mortgage business When a brokerage is developing policies and procedures that ensure its public relations materials are compliant, it may wish to include some of the following advertising tips from the Competition...
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...
by Cain Daniel | Mar 30, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is a mortgage? According to the Ontario Mortgages Act, R.S.O. 1990 c.M.40 (the legislation that governs mortgages in Ontario), the word mortgage is defined as, “any charge on any property for securing money or money’s worth.” Most consumers would not...
by Cain Daniel | Mar 25, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is Mortgage Default Insurance? Mortgage default insurance is an insurance policy between the insurer and the lender that will compensate the lender for losses suffered on an insured loan. It’s important to note that mortgage default insurance does not...
by Cain Daniel | Mar 23, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is Title Insurance? Who needs title insurance? Anyone who owns a house! Title insurance is a policy of insurance that provides coverage for the title-related risks associated with real estate transactions. It is designed to cover the...