by Cain Daniel | Mar 25, 2015 | Becoming a Mortgage Broker, Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is Mortgage Default Insurance? Mortgage default insurance is an insurance policy between the insurer and the lender that will compensate the lender for losses suffered on an insured loan. It’s important to note that mortgage default insurance does not...
by Cain Daniel | Mar 23, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
What is Title Insurance? Who needs title insurance? Anyone who owns a house! Title insurance is a policy of insurance that provides coverage for the title-related risks associated with real estate transactions. It is designed to cover the...
by Cain Daniel | Mar 20, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
The mortgage market in Ontario can be divided into two major areas of expertise: commercial and residential financing. Of course, in either specialization there can be sub-specializations. In other words, a commercial mortgage broker may focus on financing...
by Cain Daniel | Mar 19, 2015 | Mortage Investments, Mortgage Brokering, REMIC Blog
Registered funds and mortgage investing webinar slide deck This 45 minute webinar will introduce you to using RRSPs, RESPs, TFSAs and other forms of registered funds to invest in mortgages. These mortgages can be direct to borrower mortgages or through other...
by Cain Daniel | Mar 18, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
Power of Sale in Ontario The power of sale in Ontario begins when a borrower defaults on his or her mortgage obligations, including any of the covenants contained in the Standard Charge Terms, the lender can consider the borrower to be in default. When this...
