by Cindy Freiman | Oct 10, 2023 | Advice for Agents, News
In response to higher interest rates and inflation, as well as a tighter housing market, the Financial Services Regulatory Authority of Ontario (FSRA) made two recent announcements aimed at offering further consumer protection when it comes to mortgage fraud and...
by Jordana Springgay | Oct 18, 2022 | Boards & Associations, News
Ontario’s real estate industry is demanding action after a hidden camera investigation exposed a network of agents, mortgage brokers, and bank employees facilitating mortgage fraud in the Greater Toronto Area. “It’s a black mark,” says Asif...
by REM Editorial Team | Jan 20, 2017 | Featured, News
A new report from Equifax Canada says high-risk and suspected fraudulent mortgage activity is on the rise, citing a 52 per cent increase in suspected fraudulent mortgage applications since 2013. A recent Equifax survey showed: 13 per cent of Canadians indicated they...