LACKIE: Forceful action needed to rid real estate industry of any bad actors

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The CBC, in an Oct. 14 episode of Marketplace, brought the issue of mortgage fraud in Canada to the forefront.

I’ll admit, when I read teasers of what the program was set to reveal, I was intrigued and put an immediate note in my calendar.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

It’s like I’m a naive character from Saved by the Bell absolutely gobsmacked that there are people who don’t immediately expect the consequences of their bad behaviour to crash down on them.Real estate agents steering clients without pre-approvals — in this case, newcomers to Canada — to homes well beyond what they could afford.

But, you know, actually clean house, not simply continue along with our tepid industry self-regulation while pretending that we are interested in holding bad actors accountable.Article content

 

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LACKIE: Forceful action needed to rid real estate industry of any bad actorsThe CBC, in an Oct. 14 episode of Marketplace, brought the issue of mortgage fraud in Canada to the forefront.
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