In episode 207 of KT Confidential | The Real Estate Podcast, Adrian Trott and Ariel Kormendy discuss a recent CBC market place which goes undercover to reveal a more than concerning amount of fraudulent mortgages within the Ontario real estate market. This is such a big deal even TRREB has come out to make a public statement asking for CBC to release the names of those involved. Will CBC reveal the names of those involved? What should the repercussions be? How has this affected the current market? All of that and more on todays episode. ************************** Watch the CBC marketplace episode here: https://youtu.be/Y_wlnv5ns4I ************************** 00:32 - Intro 01:22 - Mortgage fraud 03:09 - Foreigners are targeted 05:14 - Fraudsters are everywhere. Beware 11:24 - The effect in the market 14:23 - Fines and punishment for fraudsters 15:09 - Forged documents 20:20 - Housing market stats 23:46 - Outro **************************** Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott **************************** Our Social: Instagram: http://www.instagram.com/kormendytrott YouTube: https://www.youtube.com/user/kormendytrott Facebook: http://www.facebook.com/kormendytrott Twitter: http://www.twitter.com/KormendyTrott Soundcloud: http://www.soundcloud.com/ktrealty LinkedIn: https://www.linkedin.com/company/ktrealty Pinterest: https://www.pinterest.ca/KormendyTrott TikTok: https://www.tiktok.com/@kormendytrott?lang=en ************************ After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.