by Cain Daniel | Jun 3, 2020 | Life Insurance Licensing in Canada, Mortgage Brokering, REMIC Blog
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:...
by Cain Daniel | May 27, 2020 | Mortgage Brokering, REMIC Blog
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...
by Cain Daniel | Apr 24, 2020 | Mortgage Brokering, REMIC Blog
Mortgage Lenders response to COVID-19 Coronavirus B2B | BMO | CIBC | CMLS | Equitable | Equity Financial | First National | HomeTrust | ICICI | MCAP | MERIX |...
by Cain Daniel | Mar 26, 2020 | Mortgage Brokering, REMIC Blog
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...
by Cain Daniel | Nov 15, 2017 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
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...
by Cain Daniel | Sep 4, 2015 | Mortgage Brokering, Mortgage Brokering in Ontario, REMIC Blog
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...