Mortgage Fraud Soars in Canada As Volumes Increase
What lending volumes increase, fraud rates increase. We have seen that time and time again here in the US. And now, Canada’s mortgage boom is leading to a boom of another type – mortgage fraud. According to Equifax, who analyzes fraud trends in Canada, reported this week a massive increase of mortgage fraud of 52% […]
The Absurdity of Home Improvement Lending Fraud
Could your plumber or home repair guy be behind the next big lending implosion in the US? If you look at the fastest growing loan type here in the US called Property Assessed Clean Energy, or PACE loans, that could be the case. PACE loans, set up by the government and are designed to help […]