1 In 5 Canadian Homeowners Commits Mortgage Fraud, Says Top Broker | Better Dwelling

Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.

Based on all information seems that every 1 in 5 new mortgages are facing mortgage fraud in Canada…
Very interesting finding for the real estate industry that claims everything that we do is so “legal and clean”