Mortgage Fraud: Are they really serious about fixing it, what are the solutions!

Welcome back to another Finance Fridays episode! This week, we're delving into the pressing issue of mortgage fraud, spotlighting a notable case from London, ON involving a prominent broker facing allegations of mortgage fraud in both 1st and 2nd mortgages. Join us as we dissect the details of this case and explore whether banks are proactive in addressing fraud or if it remains an elusive goal. I'll also propose potential solutions to prevent such fraud in the future, aiming to create a fairer landscape for both first-time and existing home buyers in today's pricey housing market. Don't miss out-subscribe to our channel for fresh weekly content and be sure to share and like the video!
#FinanceFridays #MortgageFraud #LondonON #HousingMarket #HomeBuyers #FinancialEducation #RealEstateInvesting #BrokerageFraud #BankingSolutions
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Links
www.fsrao.ca/
www.nbc.ca/con...
www.fsrao.ca/n...
www.mpamag.com...
lfpress.com/ne...
canadianmortga....
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[@renatovenuto296]

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[@michaelvilleneuve8292]

I wonder how many new homeowners may have been duped by their broker into thinking this was accepted practice