Early bird pricing is available now for the National Mortgage Conference, but not for long.
Mortgage Professionals Canada is calling on the federal government to move quickly to deliver a CRA-enabled income verification tool to combat mortgage fraud.
Canadians deserve a secure and fair housing market. A CRA-enabled income verification tool is a practical, low-cost solution that can help fight fraud, protect honest buyers and support housing affordability.
MPC commends the government for recognizing the importance of this tool and committing to action in the 2024 Budget and the Fall Economic Statement.
However, despite the pledge to begin implementation in early 2025, progress has stalled. We urge the government to set a clear timeline and pathway in Budget 2025 to ensure this tool is delivered without further delay.
_stakeholders_cover-image078ed78db2074684b438d60f8ed92d50.png?Status=Master&sfvrsn=63899159_3)
Help reduce falsified income documentation in the mortgage process.
Support honest borrowers and a more trusted housing market.
Create a secure pathway for income verification through CRA-enabled information.
Report
Download the report to learn more about MPC’s position and recommended next steps.