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Michael LeBlanc is the CEO of First Canadian Title, the leading provider of title insurance in Canada. Michael talks about the history of title insurance, and shares a new insurance product that goes beyond home inspections. He also talks about why FCT is involved with more transactions than ever.

  • 27 years in the industry
  • Oakville, Ontario
  • FTC


Good Stuff

  • Title insurance is an insurance policy that protects the homeowner against challenges to the ownership of your home, or from problems related to the title to your home.
  • More specifically, home title insurance covers you, as a lender, against losses associated with the priority, validity and unenforceability of a residential mortgage.
  • In the Provinces of Quebec and BC, there is a requirement for a lawyer or notary to witness the execution of the document.
  • Fraud is a larger problem than ever.
  • The average cost for title insurance is between $400-$500 dollars.
  • Can you move an insurance premium? No – because it needs to be underwritten.
  • FCT is one of the top 50 employers in Canada.


More About Michael

Show References


More Shows

See more notes and other episodes at the I Love Mortgage Brokering website.