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'Elaborate scam' leaves seniors with high-interest mortgages they didn't want or understand - Vimarsana News

'Elaborate scam' leaves seniors with high-interest mortgages they didn't want or understand

Some seniors are at risk of losing their homes in a scheme involving door-to-door equipment rental contracts, questionable renovations and mortgages worth hundreds of thousands of dollars that many didn’t know they had and can’t afford.

Source: cbc.ca
Ontario FSRA Adopts New Mortgage Agent and Broker License Requirements | Weiner Brodsky Kider PC - Vimarsana News

Ontario FSRA Adopts New Mortgage Agent and Broker License Requirements | Weiner Brodsky Kider PC

The Financial Services Regulatory Authority of Ontario (FSRA) is implementing new guidance for mortgage agents and mortgage brokers, including new licensing requirements and new...

Homeowners warned not to get mortgages from London company - Vimarsana News

Homeowners warned not to get mortgages from London company

Ontario homeowners are being warned by a provincial regulator not to get mortgages from a London company because it says the company does not have a licence to…

Real estate agents caught on hidden camera facilitating mortgage fraud for a fee - Vimarsana News

Real estate agents caught on hidden camera facilitating mortgage fraud for a fee

An undercover investigation by CBC Marketplace has exposed some networks of real estate agents, mortgage brokers and bank employees facilitating mortgage fraud for a fee.

Source: cbc.ca
Fortress Real Developments founders charged with fraud in connection with syndicated mortgage probe - Vimarsana News

Fortress Real Developments founders charged with fraud in connection with syndicated mortgage probe

Accused of not disclosing the risks to brokers and investors