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11 Ways Consumers Can Prevent Mortgage Fraud While there are several methods available to industry participants to assist in preventing fraud, there are also several approaches available to consumers. The following advice should be given to a mortgage agent’s...
Mortgage Fraud for Shelter Fraud for shelter is one of the most common forms of fraud in the mortgage industry. This type of fraud occurs when an individual wishes to purchase a home in which to reside with no intent to abscond with mortgage funds or fraudulently sell...
Choosing the Right Social Media Platform For Your Business So everyone’s always talking about social media and it’s benefits, but what you’re really wondering is: Is it worth the effort? Do smaller businesses get attention? How often should I be using it? Which...
7 Advertising Techniques Brokers Should Avoid Brokerages must be keenly aware of the definitions of the terms used in this Regulation, especially in this climate of financial turmoil and the increase of oversight of lending and brokering practices. Several other...
The Top 6 Cold Calling Tips – Web leads Cold calling is probably the most feared sales activity known to mankind, at least for most salespeople. And with good cause. The majority of calls that we make end up in the wastebasket after several attempts to contact,...
Condo Fraud – An amazing case study I was reading an article in the May/June 2015 edition of Fraud Magazine that I have to share with you. According to court documents with the United States Department of Justice there was a scheme that was...
Chances are, you’ve heard some hype about search engine optimization (SEO) and you appreciate the importance of being visible online. You’ve familiarized yourself with internet marketing, and you’ve created a website to help bolster your personal brand as a...
Freedom Fifty-Never? Bankrupt seniors on the rise Earlier this month bankruptcy trustee firm Hoyes, Michalos & Associates Inc. crunched the numbers on approximately 6,000 personal insolvencies filed between 2013 and 2014. A staggering 30% of the filings were...
5 Reasons You Need Social Media As A Mortgage Agent Everyone in the real estate and mortgage industry will tell you lead generation is their highest priority. It’s no surprise that friends and family referrals or past client testimonials assist in generating new...
The TOP 6 Pinterest Tips for Business Countdown Before we can talk about the best way to use Pinterest, let’s talk about Pinterest. I’ve found that unless we buy into the marketing strategy and feel it’s worthwhile, we won’t put the time and effort into it...
Why A Lender Requires An Appraisal Appraisal Basics A real estate appraisal is a key component in a lender’s decision to lend. There are several purposes for completing a real estate appraisal, including to determine: The cost to rebuild the home in case of...
Biggest residential mortgage lenders in Canada The study of Ontario’s demographics is required to develop an understanding of the makeup of the market and its potential from the standpoint of mortgage financing. Mortgage brokers are often the best source of this...