Robert McLister·General·October 15, 2006Foreclosures in Brief Here’s an outstanding overview of the foreclosure process in Canada by Andre Mayer of Bankrate.com, via www.canadianmortgagenews.com. Point’s of note: When a lender liquidates a foreclosed property, "it is the lender’s responsibility to the court to make sure the best possible price for the property is obtained." "The mortgage broker [may be] in a position where he can help the homeowners by refinancing, or bringing in equity with secondary financing or consolidating their debts." Story Link Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.