Upcoming Events
When it comes to an event of mortgage default, the Courts have, on many occasions, set aside interest rate increases triggered by default, as well as default penalties and late payment charges. It may come as an eye opener to many Lenders that Section 8 of the Interest Act prevents them from charging higher rates on default or automatic renewal of a mortgage. Lenders may also be astonished to learn that provisions made in their mortgage commitments and loan agreements pertaining to mortgage default penalties, fees or fines may be rendered unenforceable due to the effect of Section 8 of the Interest Act. Please come join us as we discover Section 8 of the Interest Act its effects of prohibiting Lenders from charging penalties and increased interest for defaults on a mortgages.
For more information contact – Elizabeth Shelton, elizabeth.shelton@camla.ca
Presenter: Ikbir Khangura
Ikbir Khangura is the Managing Partner of Khangura & Bajaj LLP. His practice encompasses real estate law with a special focus on banking & secured finance law. He has represented all manner of clients from private lenders, mortgage investment corporations, credit unions to many of Canada’s largest financial institutions. With his talented team of lawyers and support staff he has built his practice on the principles of expertise, integrity and fairness. He is dedicated to his clients, passionate about the law and driven by results.
Join us for a Lunch & Learn session on March 23rd at 12:00 PM to 1:30 PM with CMHC housing finance specialist, Tania Bourassa-Ochoa. CMHC will provide a 20 minute presentation on recent trends in the mortgage market and insights into the alternative mortgage data landscape. The remaining of the time will be reserved for a open conversation to share on the market narrative and remaining data and insight gaps.
Exclusive for CAMLA members – for more information contact – Elizabeth Shelton, elizabeth.shelton@camla.ca
Presenter: Tania Bourassa-Ochoa
As an economist and senior specialist, Tania leads a variety research projects with the aims to contribute to more stable and affordable housing markets by providing targeted information and insights. Through the years, she has lead national data strategies and developing an expertise in housing finance for both residential and multi-unit markets. Prior to joining CMHC, Tania worked at Hydro-Quebec alongside the Chief Economist. Tania holds both an MA and BA Honours in economics from the University of Montréal.
Spend a unique day with Canadian Alternative Mortgage Lenders to enhance your professional growth and business opportunities!
Date and Time: Wednesday, March 1 2023, 9:00 AM – 4:00 PM EST
Location: Pearson Convention Centre 2638 Steeles Avenue East Brampton, ON L6T 4L7
Join CAMLA at its inaugural conference and expo for a full day of learning and networking with over 35 of Canada’s premiere alternative lenders (MICs & MIEs*) and service providers. This exclusive event was previously hosted by MPC and ONMICA to sold out crowds of over 400 mortgage brokers and agents.
YOU MUST BE A MORTGAGE Broker or Agent or WORK for a broker or agent to attend at this price! If you are a VENDOR or LENDER please contact Elizabeth – elizabeth.shelton@camla.ca for more information! In today’s lending and regulatory environment, it is more important than ever to get to know your alternative lenders and the products they provide. This event provides you with a thorough understanding of the array of products offered by CAMLA members that may suit your client’s needs.
Learning… learn about FSRA’s new Level 2 licensing requirements (a must for everyone dealing with private and alternative lenders), fraud trends, legal issues such as default and power of sale and alternative lending trends. All of this along with two hours of dedicated ‘deal desk/lender speed-dating’ where you will have the opportunity to present your deals and ask questions to multiple alternative lenders.
Networking… connect with your lender BDM’s and learn about their products during registration, at lunch and the expo! There is no other event in Ontario that focuses solely on alternative lending and is a must attend for all mortgage brokers and agents!
MICs (Mortgage Investment Corporations) have become the first choice provider of alternative lending for mortgage agents. However not all MICs are the same. This year’s event will provide you with a thorough understanding of the array of products offered by MICs to suit your client’s needs.
Bring your deal to the event and find out who can help you close all your deals.
*MIC represents MIE, Mortgage Investment Entity
View Agenda
- Early Bird Registration until January 31, 2023. This event is for Mortgage Brokers and Agents – $60 per person.
- Tickets will be $75 per person starting February 1, 2023. Tickets are limited so don’t miss out.
- There is bulk purchase pricing of 10 seats for $550.00 – please email Elizabeth Shelton, elizabeth.shelton@camla.ca for details on how to get the discounted price.
If you are a vendor, MIE or MIC – please contact Elizabeth to find out how you can attend! – elizabeth.shelton@camla.ca
*includes all fees and services
Presented by Susan Han.
11:30 am: In-person
12:00 pm: Virtual Presentation
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca
November event – recording is now available, please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca receiving a copy?
Presenters:
Scott Stephens
Scott is a litigator at Owen Bird who regularly assists institutional and private lenders in banking and security enforcement litigation, including foreclosure and receivership matters. He acts for creditors, trustees and other stakeholders in proceedings under the Bankruptcy and Insolvency Act and primarily acts for secured creditors in proceedings under the Companies’ Creditors Arrangement Act. Scott regularly appears as counsel in the BC Supreme Court and Court of Appeal, as well as in the Supreme Court of Canada. A selection of Scott’s reported decisions may be found on his profile at Owen Bird’s website: https://owenbird.com/lawyers/scott-h-stephens/.
Alan A. Frydenlund
Alan acts for lenders by perfecting their security, safeguarding their security from intervening claims, and by realizing on their security.
As a solicitor Alan acts for clients on various aspects of lending transactions with particular emphasis on representing lenders on secured debt financings for all matter of lending transactions. As a barrister Alan conducts realization proceedings, including residential and commercial foreclosures, receiverships and acting for clients in proceedings under the Companies’ Creditors Arrangement Act and the Bankruptcy and Insolvency Act. Alan has conducted realization litigation in Courts in British Columbia, Alberta, Ontario and the Yukon Territory.
Alan has written and presented on legal topics for Continuing Legal Education and the Professional Legal Training Course. Additionally Alan has tendered expert evidence to the British Columbia Supreme Court on financing transactions.
Alan’s clients include Canadian Chartered Banks, Foreign Banks, Trust Companies, Savings and Loan Companies, Finance Companies, Life Insurance Companies, Crown Corporations, Mortgage Investment Corporations, Credit Unions, Pension Funds, REITs, Receivers, Trustees, Real Estate Developers, Hotels, Time Share Corporations, lawyers and high net worth individuals.
Since his call to the bar in 1983, Alan has been involved in some of British Columbia’s more significant financings and Canada’s more significant security realizations both involving assets in real estate development (including construction), resorts (including hotels and time shares), the forest industry, marine industry, manufacturing and knowledge-based industries.
Alan is a former director of, and corporate secretary to, Interlaw, an international network of corporate and commercial independent law firms in some 125 cities worldwide. Alan is former chair of Interlaw’s Banking, Finance and Insolvency Special Business Team for the North America Region. He is also a Director of a number of private companies, including three Mortgage Investment Corporations and is a former Director of Glacier National Life Insurance Company. A selection of Alan’s reported decisions may be found on his profile at Owen Bird’s website: https://owenbird.com/lawyers/alan-a-frydenlund/.
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca
Topics:
- Data and market Insights
- RPS House Price Index – what is happening to the real estate market and property values
- Market Expectations
Presenters:
Craig O’Brien, Senior Vice President, Business Development.
Craig leads the business development team nationally and is responsible for building our strategic customer plans, executing the plans and the achievement of our goals related to Customer Success.
Prior to joining RPS, Craig has had a diverse career in the financial services sector in Canada and the Caribbean. He has extensive experience in the Appraisal Management sector and have held senior leadership roles with both Nationwide Appraisal Services and FNF Canada. He has also held leadership roles in mortgage lending, strategy, and credit in both non-prime and prime mortgage business lines during his time at RBC and Home Trust.
Yvonne VonJena, Senior Vice President, Client Solutions.
Yvonne von Jena is responsible for maintaining RPS’ position as the thought leader and innovator in the industry. She works closely with all groups across our organization as well as with our clients and partners, to understand market needs and trends, help develop and bring innovative products to market, and truly add business value to our stakeholders. She brings over 25 years of experience in developing new business, markets, and products in the financial services and technology sectors.
Previously, Yvonne held new market and business development roles with Asset Inc., First Canadian Title, and Oracle. She has also worked in finance, investment banking, and corporate banking at Deacon Capital, RBC, and a start-up technology venture.
Yvonne has an MBA from the Rotman School of Management in Toronto and a BA in Spanish from the University of Western Ontario. She is also a Six Sigma Green Belt in process excellence.
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca
Topics:
- Fraud
- Equifax compliance in the Canadian Mortgage market
- Credit education 101
Presenter:
Eric Poblete
Eric is a sales professional with over 30+ years experience working with all vertical markets. In the last 10 years Eric has worked with Equifax Canada with a focus on the mortgage, rental and housing industries. As the Equifax ambassador for the mortgage broker market, he has provided extensive support and education to all the varied stakeholders. During his tenure at Equifax, Eric has provided hundreds of presentations and seminars to tens of thousands of brokers, lenders, underwriters, real estate agents, and insurers helping them to understand credit, compliance, financial trends and fraud directly and indirectly related to the mortgage market. Eric’s goal is to educate all members in credit so that they are then able to assist their own end customers in understanding this sometimes misunderstood, but key component during the mortgage process.
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca
For more information on this upcoming event – please contact Elizabeth Shelton, Executive Director, CAMLA – elizabeth.shelton@camla.ca