this post was submitted on 01 May 2026
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Shockingly, Brampton, the city that lent its name to a flavour of mortgage fraud is leading the country in mortgage delinquencies.

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[–] uhmbah@lemmy.ca 7 points 1 hour ago (1 children)
[–] sbv@sh.itjust.works 1 points 1 hour ago

Oops. I meant to include that in the post. Thanks for the reminder.

[–] panda_abyss@lemmy.ca 3 points 58 minutes ago (1 children)

Is it Brampton?

… yep… it’s Brampton.

I hope the banks get fucked on this for enabling this racket. It would have been fucking trivial for turn to catch the fraudsters in their midst, but when there’s profits you look the other way.

[–] dermanus@lemmy.ca 0 points 42 minutes ago (1 children)

Oh don't worry they'll get bailed out. We have a central banker as PM.

[–] SaveTheTuaHawk@lemmy.ca 1 points 37 minutes ago

Banks never lent money in Brampton. They aren't stupid.

This is all private lenders.

[–] melsaskca@lemmy.ca 2 points 39 minutes ago

The banks can afford it just based on all of that free "interest" money they scrape off the backs of the citizenry. The banks will be okay.

[–] uhmbah@lemmy.ca 1 points 1 hour ago