Mortgage fraud cases are surging across the Greater Toronto Area in 2025, and both homebuyers and lenders are feeling the impact. In this episode of The Mortgage Den, Nick Da Silva, Principal Broker at Northwood Mortgage, breaks down what’s really happening behind the scenes. We explore the two main types of mortgage fraud (Fraud for Profit & Fraud for Shelter), how falsified documents are affecting approvals, and why stricter rules and higher costs are hitting the market. Plus, we uncover how AI and Revenue Canada are detecting fraud — and how it could affect your renewal. Don’t get pushed into high-interest loans or forced sales. Protect your future — listen now!
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