25 Mar 2015

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Beware promises of “easy money” in...

In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually is. This is particularly true when it comes to mortgages and promises of “easy money” in real estate. Beware of “No Money Down” deals or offers from others to provide a portion of the down payment. – CMHC Just like those who are misrepresenting information in order to purchase a property are committing mortgage fraud, mortgage lenders are committing fraud if they misrepresent information or intentionally try to scam a consumer. Those who commit mortgage fraud can be held criminally responsible for their actions. You can prevent…

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18 Mar 2015

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How often should you be checking your...

March is Credit Education Month, and coincidentally there have been a lot of headlines lately about scams and…

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11 Mar 2015

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Avoiding Internet and Social Media Fraud

Internet and social media scams are on the rise in Canada, and since it’s Fraud Prevention Month, it’s…

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4 Mar 2015

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Fraud Prevention Month: Avoiding...

March is Fraud Education Month in Canada, and it’s the perfect time to get educated on what mortgage…

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4 Mar 2015

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Bank of Canada Stays The Course

Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…

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