CmB magazIne cmba-achc.ca spring 2018 | 5
inside
VO LU M E 3 I S S U E 2 S p r I n g 2 0 1 8
16 Brokering a Second Mortgage for a Borrower
Simple steps to protect yourself from civil and regulatory
consequences
By Ray Basi
19 Empty Homes Tax – Vancouver City Hall
Barking up the Wrong Tree
By Josef Filipowicz
20 A Voice From the East Coast
James Shinners, the incoming president of CMBA-Atlantic, aims
to bring all of Atlantic Canada's brokers into an association that will
speak with one powerful voice
By Lisa Gordon
24 Game Changer
M3 Group CEO Luke Bernard on how his broker network became
the largest in Canada in its space
27 A Hard Act to Follow
A forthcoming review of Ontario's Mortgage Brokers, Lenders and
Administrators Act 2006 could tackle some questions about
mortgage-dealing activity performed by lawyers
28 CMBA-Ontario Gala, Trade Show and
Conference
A look back at this year's festivities and award winners
30 MB Legend: John Bargis
e vice-president of Ontario's Mortgage Edge lets us in on his keys
to sustained success
32 CMBA-BC Fundamentals18 Conference
and Trade Show
Aer a period of explosive growth, this year's gala was devoted
to showing how brokers can stand out in the marketplace by
demonstrating knowledge and value to customers
A DAngerous PreceDent
All Canadians should be worried about B.C.'s promised speculation tax
By Ray Basi
34
features
departments
8 Editorial Summary
11 Letters to the Editor: Views on current topics
46 Advertisers Index
columns
42 Legal Ease: When "Time is of the essence"
– Use of the phrase can elevate the related
obligation to a level of do-or-die
By ray Basi
MortgageBroker
CANADIAN
Broker Mortgage
CANADIAN
36 Protecting the Priority of Second/Private
Mortgages
e rules around registering loans differ from province
to province. Here's how to avoid trouble later
By Timothy Lack & Preston Walia
39 Setting the Record Straight
A response to S&P's mischaracterization of brokers' role
By Samantha Gale
40 How Stricter Rules Affect Appraisals
New standards require appraisers to take more time to make
thorough rental estimates, just as demand for the service is
increasing
By Daniel M. Jones
44 Education & Enforcement Reciprocity
Even with Pan-Canadian agreements, you need to know the
requirements of every province in which you do business
By Ray Basi
