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by Jeremy
A credit rating agency is ringing the alarm that Canadians should be worried about a rise in mortgage fraud. “Recent years have witnessed accumulating reports of fraudulent information corrupting the inputs used in the underwriting process for Canadian residential mortgage originators,” reads a recent report from Standard & Poor’s. In the report, S&P cites rising levels of household debt as a major concern when it comes to the possibility of mortgage fraud in Canada. [Buzz Buzz News] So, what is mortgage fraud and what can be done about it? Mortgage fraud is misrepresentation of information to help you obtain a mortgage, including: Inflating your income…
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Posted by Jeremy
According to a new study released by Capital One, less than half of Canadians are taking appropriate steps…
Posted by Jeremy
This summer has been full of major scams in the news, like the $11-million loss at MacEwan University,…
Posted by Jeremy
You will come across many contracts in your life, whether it be for credit cards, gym memberships, car…
Posted by Jeremy
You may have noticed in the media lately, that social media, Internet and app-focused scams are on the…
Posted by Jeremy
According to a recent survey released by Equifax Canada, Canadians are showing signs of increased vigilance when it…
Posted by Jeremy
As we head into tax season in Canada (due April 30, 2017), CRA and police are warning Canadians about…
Posted by Jeremy
In Canada, we recognize this week as National Senior Safety Week, and protecting seniors from being victims of fraud goes…
