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Big Holes Found in Broker Compliance

Ontario's mortgage broker regulator recently released a new supervision plan for consumer protection. Before doing so, it (FSRA) discovered several problems with the brokered mortgages it audited. Among them: * 100% of private mortgage files "lacked documented suitability assessments and exit strategies." 💡For the uninitiated, private mortgage

Why Some Rentals Print Cash: Data Clues From Altus

Got investor clients? Here’s some intelligence you can share that adds value—and, with luck, dollars to their net worth. Earlier this year, real estate advisory firm Altus examined what drives ROI in single-family rental investing. Some of the findings were unintuitive, leading us to probe further by chatting

Get Tax Docs in a Flash from VerifyCRA

Here's a useful tip for pretty much any mortgage originator. Newton and Fastkey Technologies have just launched a service you can use to fetch official CRA documents for your mortgage customers. They've dubbed it VerifyCRA. The company says the tool "eliminates fraud, ensures document authenticity,
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