This article from Gowling calls for increased vigilance from the private lending sector to combat increased threats of mortgage fraud.
Protecting against private lender mortgage fraud
CAPL raised two issues with BCFSA: exempt market dealer exemptions and Form 5 lender disclosure requirements. BCFSA has responded with
How will British Columbia’s transition to the Mortgage Services Act affect exempt market dealers involved in non-qualified syndicated mortgage
When a licensed mortgage brokerage lends its own funds and is represented by its own broker, must the borrower’s broker
A suitability analysis should explain why a mortgage makes sense for the borrower,not just whether a lender will approve it.
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