Tag Archives: dealing with banks

Outrageous Mortgage Payments in The News Again

Having been the recipient of some outrageous mortgage payout penalties in the past I have a rather jaded opinion of this practice that banks are using to provide themselves with a tidy little cash windfall. I’ve previously written about mortgage … Continue reading

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Bank of Canada Rate Announcement March 2011

Bank of Canada March 2011 Rate Holds As I have been hoping for a while, the government learned from their series of rate increases last year and held solid to the current rate. The benchmark rate is remaining at one … Continue reading

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Foreclosure in Calgary – A Conclusion To The Story

Going through a foreclosure has been quite an eye opening experience for me and I felt it was a story that needed to get told. Ultimately, it comes down to my responsibility to make good on the terms and conditions … Continue reading

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My Foreclosure Story, Part 3

Here we go with part three of my saga with Xceed Mortgage, the lender who wouldn’t renew a mortgage and the ensuing problems you face trying to sell a property in a slow market. So the quick recap is as … Continue reading

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When Are The Banks Going to Take Responsibility?

Do you think the banks are getting away with too much profits and taking to little responsibility for their actions? Now I am lumping lenders and banks together and not all are created equal, but there are some financial institutions … Continue reading

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Mortgages and Rental Properties

Wow, the banks sure have things stacked in their favor. Yet again, we are dealing with another bank who is effectively taking advantage of us in my opinion. So if you are just sitting on the sidelines wondering what’s up, … Continue reading

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