MORTGAGEBROKER mbabc.ca | 5
contents
VO LU M E 2 0 I S S U E 2 S P R I N G 2 0 1 4
departments
10 Board of Directors
12 Update: News and information
for mortgage brokers
columns
7 Message from the President
9 Report from the CEO
36 Legal Ease
Acknowledgement
MBABC acknowledges and thanks the
Society of Notaries of British Columbia for
permission to reprint the following articles
from Scrivener magazine. OFSI's Role in
the Financial Landscape; Appraisals
& Mortgages?; and Mortgage Fraud
Exposed! were reprinted in the Winter
2014 issue of Mortgage Broker. Mortgage
Enforcement in British Columbia
is reprinted in this Spring 2014 issue of
Mortgage Broker.
19 Multi-jurisdictional Licensing
New tool helps brokers determine provincial licensing requirements
By Samantha Gale
21 By the Numbers
Interesting industry numbers you need to know
23 e Main Event – a Knockout!
e annual trade show delivered a solid punch
By Ray Basi
24 Seen at the Main Event
Up close and personal at MBABC's annual showcase
Photos by Bart Rygal
27 Mortgage Enforcement in British Columbia
Understanding the legal principles that govern mortgage
enforcement in B.C.
By Andrew Bury
31 Alternate Lending – 10 Questions
Ask the right questions to secure faster approval of your 'B' deals
By Grant Plunkie
39 Capacity to Gi
Consider the intention of the gi giver
By Ray Basi
44 Exceeding Expectations
MBABC thanks its trade show sponsors and supporters
By Kelly Curtis
45 Time Matters: a Case Study
What delay is acceptable?
By Ray Basi
46 BCSC Extends Exemption to 2015
Brokers must comply with conditions of the exemption
By Samantha Gale
14
Federal Budget Priorities
Digging into the federal budget unearths some gems of interest to the mortgage brokering community
By Ray Basi
features
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