In this episode of The Canadian Private Lenders Podcast, hosts Ryan MacNeil and Neal Andreino dive deep into one of the least glamorous but most critical aspects of private lending, insurance. From title and homeowner’s insurance to blanket mortgage impairment, E&O coverage, and even cyber and key person insurance, they break down what every lender needs to stay protected. Ryan also shares a real-life million-dollar fire story that could have ended in disaster, but didn’t, thanks to prope...
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In this episode of The Canadian Private Lenders Podcast, hosts Ryan MacNeil and Neal Andreino dive deep into one of the least glamorous but most critical aspects of private lending, insurance. From title and homeowner’s insurance to blanket mortgage impairment, E&O coverage, and even cyber and key person insurance, they break down what every lender needs to stay protected. Ryan also shares a real-life million-dollar fire story that could have ended in disaster, but didn’t, thanks to prope...
Ep.99 | Lessons From Our First Foreclosure: Risks, Realities & Recovery in Private Lending
Canadian Private Lenders’ Podcast
24 minutes
2 months ago
Ep.99 | Lessons From Our First Foreclosure: Risks, Realities & Recovery in Private Lending
In this milestone 99th episode of the Canadian Private Lenders Podcast, hosts Ryan and Neal share an inside look at Keystone’s very first foreclosure. From red flags during underwriting, to borrower challenges, expired insurance, and the unexpected passing of the borrower, this case study highlights the realities private lenders face when enforcement becomes necessary. They break down the legal process in Nova Scotia, the importance of hiring experienced lawyers, carrying costs during enforce...
Canadian Private Lenders’ Podcast
In this episode of The Canadian Private Lenders Podcast, hosts Ryan MacNeil and Neal Andreino dive deep into one of the least glamorous but most critical aspects of private lending, insurance. From title and homeowner’s insurance to blanket mortgage impairment, E&O coverage, and even cyber and key person insurance, they break down what every lender needs to stay protected. Ryan also shares a real-life million-dollar fire story that could have ended in disaster, but didn’t, thanks to prope...
