#AskIsaacZisckind You might think the process is safe because of the documentation required to establish ownership of the property and title insurance to verify the legitimacy of the transaction, but a recent news story about the arrest of four people for committing mortgage fraud illustrates the dangers to homeowners and lending institutions. In fact, mortgage fraud has increased by 52 percent throughout Canada with Ontario being one of the provinces hardest hit by this criminal activity. It is important to understand how mortgage fraud occurs and what you can do to protect yourself from it. What is mortgage fraud? Mortgage fraud is the deliberate ...
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