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
A suitability analysis should explain why a mortgage makes sense for the borrower,not just whether a lender will approve it.
In today’s distressed real estate market, enforcement risk is no longer driven solely by borrower default. As higher interest rates,
Under the Mortgage Services Act and the Mortgage Services Rules, the obligation to provide a lender information statement is triggered
Under the Mortgage Services Act and the Mortgage Services Rules, the obligation to provide a lender information statement is triggered
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