Lending & Mortgages

Issues in Mortgage Law

Foreclosure: When and Why?It is not uncommon to combine a claim for foreclosure with a claim for the amount due under the covenants contained in the...

Mortgage Enforcement: What Can Go Wrong?

Notice of Sale and RequisitionsIf a purchase is made under power of sale, it is necessary to ensure that the vendor is authorized to conduct the...

Mortgage Enforcement: Issues for Discussion

IntroductionCommon issues expected to arise and confront legal counsels in mortgage enforcement practice, whether from the mortgagor’s perspective or from the lender’s perspective are under discussion...

CONSUMER DEBT: What Collection Agencies Can & Cannot Do

From Mumbai to Manitoba, there are often horror stories in the media of people being (verbally) abused, beaten up, chased down, dragged out and subjected to...

REAL ESTATE: Depending on the age and type of property, the following off title searches may be necessary!

Occupancy permits: For a newly built or renovated dwelling or an extension or addition thereto, it is necessary to find out whether or not the local...

REAL ESTATE: The necessary off title searches when buying a property!

There are other searches besides a title search, that are necessary to assure title and enhance the marketability of a property. The purpose of these searches...

TYPICAL IDENTITY FRAUD SCHEMES AND THEIR RED FLAGS

Identity fraud is inseparable from identity theft because without the second the first can not be perpetrated. Generally, the purpose of it is illegal financial gain,...

TYPICAL MORTGAGE FRAUD SCHEMES AND THEIR RED FLAGS

According to industry estimates, losses from mortgage fraud in Canada range into the hundreds of millions of dollars annually. Some criminal groups are each responsible for...

TYPICAL REAL ESTATE FRAUD SCHEMES AND THEIR RED FLAGS

Describing real estate fraud means visiting a dark place where suspicious characters roam around, unlawful acts are committed brazenly, and you do not know who you...

MORTGAGE DEFAULT: Power of Sale or Foreclosure?

Although generally the real estate market in Ontario has been robust, the frenzied market of the past has caused an increase in mortgage defaults as a...