MASSIVE Mortgage Fraud Found in Canada AGAIN! Real Estate Will Need HUGE Bailout!

in #canada6 years ago

Real estate in Canada has defied gravity. Despite individuals unable to afford homes, the prices have risen dramatically. Interest rates remain excessively low, fueling this rise. In the U.S., the subprime crisis allowed for a massive glut of homes to be built, creating an unnecessary inventory but temporarily stimulated the economy. Of course, that was until it fell and nearly took the whole financial system down with it.


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Sources Used in This Video:
https://goo.gl/UpprQe

Home Capital Group director Keohane resigns after fund backs $2 billion loan | Financial Post
http://business.financialpost.com/news/fp-street/home-capital-group-director-keohane-resigns-after-fund-backs-2-billion-loan
Laurentian Discloses Flawed Mortgages in Home Capital Echo - Bloomberg
https://www.bloomberg.com/news/articles/2017-12-05/laurentian-bank-audit-finds-misrepresentations-in-mortgages
Laurentian Discloses Flawed Mortgages in Home Capital Echo - Bloomberg
https://www.bloomberg.com/news/articles/2017-12-05/laurentian-bank-audit-finds-misrepresentations-in-mortgages
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Annual_Report.pdf
https://www.banquelaurentienne.ca/pdf/Annual_Report.pdf
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Really good job man carry on thanks i like this post and your all post is very important and helpful thanks

Thank you for the support!

Thank you David. Gov can't pay back the debt honestly so destroying the purchasing power of the currency with inflation and grow tax revenue with inflated income tax while people is losing purchasing power with the faked low inflation numbers seems to be the popular game plan around the world. May be RE bubble burst is one of the standby scapegoat to shift blame.

I'm just sitting here and waiting. It's going to be insane.

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