Blog
The FCT blog does not represent a single author or opinion. Instead, it represents the collective voice and experience of FCT’s dedicated niche experts.
OneClose and what it means for you
New condo buyers are often unpleasantly surprised by Interim Occupancy Fees. But with our recent investment in OneClose, FCT has got your back. Buyers no longer have to worry about the interest…
How is technology changing the valuations industry?
In the past, appraisers spent vast amounts of time scouring data sources for public records as well as previous and current listings. To gather information on one property, an appraiser would take…
How credit unions benefit from a partnership with FCT
Over 260 million members worldwide rely on credit unions for their financial services. At FCT, we understand the integral role that credit unions play in their communities. We serve over 95% of…
What types of claims do we pay through Home Protection Solutions?
Did you know that a new homeowner can be free from the worry of replacing major features of their home for a year or so after buying it? That’s the peace of…
How can you be a successful mortgage broker?
The mortgage industry is, and always has been, competitive. It’s an exciting career choice, but it’s not easy. There’s a lot to learn about different lenders, regulations, forms, etc. and occasionally it…
Coffee break with Jackie Chetcuti
Welcome to our first edition of the Coffee break series! Throughout the year, we’ll be chatting with people from different lines of business at FCT so you can learn more about who…
Common reasons for claim denials
At FCT, we often look for ways to cover your claims. However, title insurance has very specific coverages and the circumstances of a claim need to fit within the covered risks set…
How does the AIC’s rule change affect appraisers?
In February 2019, the Appraisal Institute of Canada (AIC) published a change to its rules to allow AIC members to use non-members for professional assistance in certain instances. This is allowed if…
Watch out for these signs of fraud when processing mortgages
Losses from fraud, especially in large transactions like purchases and refinances, can be significant. Whether you’re a lender, mortgage broker or mortgage specialist, it pays to be vigilant and investigate further when…
