29 January 2013

TD under fire again for its collateral mortgage charge

The latest CBC’s report
caused another wave of resentment in the media about collateral charge
mortgages. Please, watch it, since the mortgage market is shrinkingand
we expect banks to charge even more fees to catch up with their bottom
line. TD Canada Trust, offering only collateral charge mortgages,turned
out to be in the focus of CBC’s attention. Recently an undercover
reporter came into one of the TD branches with a hidden camera…

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