Last year TD Canada Trust announced they will be registering all of their mortgages as collateral mortgages. What does this mean for the consumer?TD has instituted some very popular banking changes in the last few years….extended banking hours and opening branches on weekends to name a few. With the announcement of registering all of their mortgages as a collateral mortgage they were trumpeting it in the media as a major win for consumers….but is it really?First let’s talk about what makes a collateral mortgage unique.Unlike a traditional mortgage a collateral loan is made up of a promissory note backed by a lien registered against the property. If you have a line of credit registered against your home, chances are you already have a collateral mortgage. They certainly are not new in Canada and have been used for years……mostly for home equity lines of credit.So what makes a collateral mortgage different? T
GBLA’s Fair Housing Law Project is accepting complaints from community members who think they may have been discriminated against. For more information on the program, visit gbla.org/ services/housing/fair-housing-law-project/.
The Fair Housing Law Project, a new program started by Greater Bakersfield Legal Assistance, aims to make sure everyone in Kern County has equal access to housing — no matter what they look like.
“I dealt with an Elvis impersonator,” project manager and GBLA staff attorney Mark Roy said.
He may have looked different, said Roy, but if that Elvis impersonator could pay rent on a place, ” should have the opportunity to live there just like everyone else.”
With the Fair Housing Law Project, GBLA hopes to provide legal aid for people who need it most.
“We’re out to identify actual discriminatory practices and correct them,” Roy said.
Mortgage rates are still very low and holding as the markets wait for a clear direction. Mortgage rates rose in the middle of the week but settled back to flat by the end of the week. Greece, and the state of the European Union is still the biggest worry. Last week there was rioting in the streets in protest to the the austerity forced upon them. There is no easy answer as to what to do with the situation there, and the union is being tested as the needs of the stronger countries don’t align with those of the weak. Germany and France delayed the crisis with news that they will offer additional support, but this is mostly a band aid, not a real solution. At some point this will come to a head, but for now the decision on what to do has been pushed back to July. T
They’re baa-ack…if you have been seeing more ants in your house lately, you are not alone. This spring’s weather, with its copious rainfall interspersed with bright, sunny days, was ideal for the insects.
Two types of ants typically plague homeowners: tiny pavement ants (sometimes known as sugar ants), and larger, more destructive carpenter ants. Pavem
You have just decided to replace all the windows in your home. After all, it has been many years since they were replaced and some are showing signs of great wear and tear. You figure that while the weather is still pretty good, you should start on your project. However, thinking about replacing the windows in your home is one thing. It is another thing entirely when you have to actually get started because there are so many things you need to think about when making your choice.
Firstly, you need to think about the material for your replacement windows. In the olden days, windows made of vinyl were highly popular because they were easy to make and were quite durable. They could also withstand harsh weather and protect your home at the same time.
However, fibreglass has quickly become another option for people who want to replace their windows. Get more info…
When considering a local move, most people – in particular those who are relocating for the first time – tend to believe that simply moving to another neighborhood should not be a problem. Unfortunately, this could not be further from the truth. A local relocation can hold as many difficulties and challenges as a long distance move. Allowing the right amount of time for preparations, working around a tight budget and finding the right company for a move can be fraught with difficulties.
Taking a look at the Yellow Pages or other, similar resources, it becomes obvious that moving is big business in Austin. Unfortunately, not all of the many ads lead to reputable companies. Some bad companies may lose or damage property – if they turn up on the agreed day at all. It has even been known for some of them to resort to strong-arm tactics in response to complaints.
Few people have the time to research and interview every mover advertised in order to find a reputable, reliable service. Get more info…
I love this article from the June 8 WSJ because it confirms what I have been saying since the CRE bubble burst. For the first time we are beginning to see the market wake up to the fact that good malls are going to remain good or get better while poor malls will continue in their death spiral.
While there should be no shortage of bidders for Westfield’s cast offs, I suspect the Australians are going to be disappointed by the prices being bid. For many years the Simon Company has been disposing of their bad malls one at a time to the less sophisticated investors who think they have the secret of spinning Simon’s flax into gold. By