says Mortgage Broker News. Whether the BoC will raise or lower the prime rate in the face of economic uncertainty has recently been much debated. BCREA said it expected the BoC would continue to hold.
An unregistered Vancouver mortgage broker may have arranged over half a billion dollars in loans, many of which could be based on falsified income records, according to a cease and desist order issued.
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‘Don’t go for the cash,’ former mortgage broker warns – Lending rules that are nearly half a century-old need to be updated to make sure criminal cash doesn’t enter our financial system, says a former mortgage broker who wishes he’d never been involved in.
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Severna Park Mortgage Broker Sentenced To Prison – BALTIMORE (AP) – A judge has sentenced a broker to more than three years in prison for her role in a mortgage fraud scheme that resulted in nearly $5 million in fraudulent loans. The Maryland U.S..
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