To create more distance between investors and borrowers, BDMC began in 2011 to spin out three arm’s-length brokerage firms (F…

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Real estate developer Fortress Real Developments Inc. is facing a flurry of legal actions from mortgage lenders who have filed applications to foreclose on land earmarked for development projects.

The Danger Of Mortgages - Karim AbuZaid Regulator FSCO said BDMC, the lead broker for Fortress projects, and three mortgage brokers, FDS Broker Services Inc, FFM Capital Inc and FMP Mortgage Investments Inc, which marketed Fortress products …

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More than one-third of the money raised from investors to provide syndicated mortgage loans for Fortress Real Developments Inc.’s building projects was paid out as cash commissions to …

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Regulator FSCO said BDMC, the lead broker for Fortress projects, and three mortgage brokers, FDS Broker Services Inc, FFM Capital Inc and FMP Mortgage Investments Inc, which marketed Fortress products …

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