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The Canadian government sets the guidelines for default insured mortgages to, in part, manage the housing market, while provincial governments can use other tools, such as taxes. The following summarizes the changes made by governments since the financial crisis...
Awesome Online meetings – Your Top 9 List Conducting online meetings has never been more important or relevant than in today’s environment, but do you know how to conduct awesome meetings? Most don’t, since most financial professionals are used to interviewing...
What is a life lease? Simply stated, purchasing a life lease gives the holder of that lease the right to a property as long as it is in effect, which is typically for the life of the holder. Normally a life lease has eligibility requirements, such as:...
Environmental Site Assessments (ESA) The Environmental Site Assessment (ESA) has become a standard tool for the protection of property investors, owners, and managers, from environmental liability. It is particularly useful prior to a financial transaction...
Mortgage Lenders response to COVID-19 Coronavirus B2B | BMO | CIBC | CMLS | Equitable | Equity Financial | First National | HomeTrust | ICICI | MCAP | MERIX |...
THIS IS AN IMPORTANT UPDATE FROM FSRA – for licensed agents/brokers- At REMIC, we have been in contact with FSRA regarding a due date extension for license renewal and CE completion due to the COVID-19 pandemic. We feel that FSRA has worked very hard on...
Current as of: 15/08/2023 _____________________________________________________________________________________ REMIC is OPEN online.Questions? You can contact us from 9 am to 5 pm at support@remic.ca, 877.447.3642 or using live help at remic.ca In...
A career as a life insurance agent If you’re looking for a career that has unlimited income potential, then selling life insurance may be the career for you. The main reason I say this is because Canadians need life insurance, as well as several other types of...
Corporate Life Insurance Over time, the awareness and importance of having a life insurance has been rapidly increasing. You, as an individual can either have a corporate life insurance policy or a personal life insurance policy. Both have their specific pros and...
Expropriation According to section 1 of the Expropriations Act, expropriation means “the taking of land without the consent of the owner by an expropriating authority in the exercise of its statutory powers”[i]. Considering that land ownership is a...
REMIC Fills Need for Younger Life Insurance Agents Canadian-based REMIC is now providing the Harmonized Life License Qualification Program (HLLQP), a requirement to become a licensed life insurance agent in Canada REMIC, the Real Estate and Mortgage Institute of...
Here are some Do’s and Don’ts for advertising your mortgage business When a brokerage is developing policies and procedures that ensure its public relations materials are compliant, it may wish to include some of the following advertising tips from the Competition...