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by Jeremy
Genworth Canada reported this week that cases of mortgage fraud are down in Canada, thanks largely in part to advancements in the industry: tougher regulations, improved technology and training for mortgage professionals. This is good news, considering that just a year ago, Equifax Canada released a study showing that 9% of Canadians admitted to lying on their loan applications (and that’s just who admitted it). Something as seemingly minor as inflating your income on a mortgage application is in fact fraud. “Whether you’re a lender or a consumer, data protection and the integrity of the data should be priorities at all times. For the consumer,…
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Posted by Jeremy
With all the news about natural disasters and failed home insurance claims making the news lately, now is…
Posted by Jeremy
A big announcement came from CMHC this week, that will reap big rewards for a lot of homeowners…
Posted by Jeremy
In case you missed all the buzz about it this morning, the Bank of Canada has cut their…
Posted by Jeremy
The Canadian Association of Accredited Mortgage Professionals (CAAMP) recently released their spring market survey, which provides a lot…
Posted by Jeremy
In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually…
Posted by Jeremy
March is Credit Education Month, and coincidentally there have been a lot of headlines lately about scams and…
Posted by Jeremy
Internet and social media scams are on the rise in Canada, and since it’s Fraud Prevention Month, it’s…
Posted by Jeremy
November is Financial Literacy Month in Canada, and The Canadian Real Estate Association (CREA) has used this month…
Posted by Jeremy
A new report released by CIBC World Markets shows that Canadians are paying down their mortgages a lot…
Posted by Jeremy
Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released the results of their 2014 First-Time Homebuyers Survey,…
Posted by Jeremy
The rental market in Calgary continues to be tight, and it’s pushing rental prices even higher. With how…
