Season 7 · Episode 19
Mortgage 101 - How Financial Institutions are Fighting Fraud
Mortgage 101 with Clinton Wilkins · Clinton Wilkins Mortgage Team
May 26, 202513m 43s
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Show Notes
Sandi Burns, Chief Credit Officer at Manulife Bank, discusses the increasing prevalence of mortgage fraud, particularly in Atlantic Canada. She highlights "fraud for shelter," where individuals alter documents to qualify for mortgages, and "fraud for profit," involving organized crime. The conversation also touched on the importance of regulatory compliance and the evolving landscape of mortgage fraud.
Topics
real estatemortgagehome financingfinancehome buyingcitynewsclinton wilkinstodd veinottecentum