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.
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…
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…
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…
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…
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…
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…
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…
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…
Customer experience is at the heart of everything we do at FCT. We started an online platform called FCT Exchange, so we could go straight to the source—our customers—to learn what we’re doing…
The answer is simple: we recognized a gap in the industry that we are uniquely positioned to help fix. As the only Office of the Superintendent of Financial Institutions (OSFI) regulated company…
