24 Consolidation Benefits
Help clients develop better financial management skills by
explaining how to maximize this new-found cash flow
By Crystal Foti
29 Meet Bill Rancic
Bill Rancic is a speaker at the 2015 Conference and Tradeshow
By Samantha Gale
32 Chattel or Fixture?
Mortgage brokers could be liable for damages if they give the
wrong advice and chattels are determined to be fixtures
By Ray Basi
35 Why Me – What Causes People to Sue?
Protect yourself from lawsuits by understanding what gets
mortgage brokers into lawsuits
By Nigel Trevethan and Steven Abramson
38 Everything is Always Awesome (thanks for asking)
If mortgage brokering was simple, everyone would be doing it
By Dustan Woodhouse
41 Investing in Innovation Adoption
Successful transitions depend on early adopters embracing
new concepts
By Fred Sarkari
44 Simplifying Termination of Strata Corporations
MBABC suggests a compromise that requires consent to term-
ination for mortgage lenders, but not for other charge holders
By Samantha Gale
46 All's Fair in Foreclosure
In the right circumstances, a court will consider a purchase offer
put forward by the person who is the subject of the foreclosure
By Ray Basi
MortgageBroker mbabc.ca fall 2014 | 5
departments
12 Board of Directors
15 Update: News for mortgage brokers
16 Letters to the Editor: Views on current topics
columns
7 Report from the President
9 Report from the CEO
30 Legal Ease
contents
VO LU M E 2 0 I S S U E 4 fa L L 2 0 1 4
Mortgage Insurance Matters
Mortgage default insurers are valuable industry partners to the broker community
By Samantha Gale
18
features
