FCT President Patrick J Chetcuti Inducted into Canadian Mortgage Hall of Fame
FCT congratulates Patrick J Chetcuti on his induction into the Canadian Mortgage Hall of Fame
OAKVILLE, ONTARIO, December 19, 2012 – FCT, (First Canadian Title) congratulates President Patrick Chetcuti who was inducted into the Canadian Association of Accredited Mortgage Professionals (CAAMP) Canadian Mortgage Hall of Fame.
Pictured left to right: Jim Murphy, President & CEO CAAMP, Patrick Chetcuti, and Daryl Harris Chair, Board of Directors, CAAMP
Nominated by colleagues in the mortgage industry, Pat was recognized for his leadership in the advancement of the title insurance industry in Canada. In particular Pat’s induction honors the game changing approach that he and FCT brought to mortgage refinance transactions in Canada. Through the introduction of title insurance, Pat and the FCT team revolutionized the mortgage process, substantially reducing the time and cost to fund a mortgage for consumers while providing mortgage lenders with insured protection. FCT is the leader in an industry-generating one quarter of a billion dollars in title insurance premiums annually.
At the formal induction ceremony held at the Vancouver Convention Centre on November 25, 2012, Pat thanked CAAMP, his nominators, his family and the FCT Team. Reflecting on his career, Pat observed that “The creation of the title insurance industry in Canada and the success of FCT is a direct result of the extraordinary determination and commitment to excellence of the people at FCT. To them I say thank you and with them I share this award.”
Annually CAAMP recognizes and honors mortgage industry leaders like Pat whose achievements and
service have contributed to the success of the Canadian mortgage industry. Inductees to the Mortgage Hall of Fame have provided leadership, vision and inspiration in their profession and strive to make a difference to enhance industry standards.
The FCT group of companies includes FCT Insurance Company Ltd., which is Canada’s leading provider of title insurance, and First Canadian Title Company Limited, which offers other real-estate-related services. Our customer base is comprised of more than 300 lenders, 12,000 lawyers and notaries nationwide, real estate agents, mortgage brokers and builders. Founded in 1991 and based in Oakville, Ontario, FCT employs 800+ people from coast-to-coast who offer customers superior protection through unmatched underwriting expertise, financial strength and stability. Insurance is provided by FCT Insurance Company Ltd., with the exception of commercial policies, which are provided by the Canadian branch of First American Title Insurance Company. Services are provided by First Canadian Title Company Limited.
FCT has been recognized as one of the 50 most engaged workplaces in Canada in 2012.