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Tough new mortgage rules could hurt overall economy – mortgage brokers warn. In a report prepared by its chief economist, Will Dunning, Mortgage Professionals Canada (MPC) estimates that 18 per cent of buyers will fail the new mortgage stress test, which.
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Cops hunt suspects in mortgage fraud – A man and woman went into a mortgage broker’s office in the Warden-Sheppard Aves. area in September 2015 and applied for a $200,000 second mortgage on a property, said Det. Adkin Holder. The broker.
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