Hmmmm, I found an interesting article this morning, which speaks about banks being to blame for consumers getting hooked on credit.  The jury is out on that one for me.  I think yes to a point, however banks like any other business are in business to make money.  The fact that our society has evolved into a "have it now" mentality is preyed upon for sure, is it really the banks fault though?

That is like saying that Tim Horton’s is to blame for people liking coffee. As a mortgage agent we take an oath to be fiscally responsible to the needs of our clients.  There are those out there that walk in the "grey" part of that to ensure their needs are being met before their clients.

Being a Foreclosure Escape Artist I meet client’s everyday that have gotten, been steered or otherwise are in some financial mess due to the advice of someone else.  Would I suggest that advice given by said professional to these clients was deliberate with respects to not serving their situation adequately, not at all. I am simply saying that some professionals out there do not have the education themselves and to that fact, do not have the mentors to go to. The mortgage industry like many other 100% commission positions offers very little as far as mentoring. Most are work from home. So it is like I say "on the first day, your lucky if they show you where the washroom is".

Of course there are larger companies with stricter compliance, inevitably there will be the few clients that fall through the cracks.  The subprime mortgage market in Canada represents approximately 30,000 mortgages, that is about 7% of all mortgages in Canada. A relativeluy small number, however enough that a Boutique Custom Solutions Provider like us stay very busy sitting under the cracks, seeing what falls through.

That is where Foreclosure Escape Artist comes in.  We assess each clients situation, then refer this client to a credit professional previously screened by our team. Then tie the whole package together in a “save your home from Power of Sale” plan.  Foreclosure Escape Artist is not sales people, rather educators, who empower our clients to make their decisions from an educated place.