What is a Collateral Charge Mortgage

The financial world has irreparably changed. The way your corner bank did mortgages for your parents is not what you will experience today. The crazy part is that a surprising amount of Canadians do not know this. The fact is – your mortgage you signed with your bank is a Collateral Charge Mortgage (whether they will admit it or not). Here is the low down on this ‘scam’ and how … [Read more...] about The Collateral Mortgage Scam