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Market Insight Forums: A review of 2021

By January 20, 2022May 20th, 2022Market Insight Forum

As a leader in authoritative data, Teranet is committed to delivering high quality insights and connecting our customers with experts to discuss trending industry topics through our Market Insight Forums. While previously these events were held in person, over the past few years we have shifted to a virtual format to better meet the needs of our customers. In 2021 we hosted four well-attended forums that brought together industry experts to discuss topics that are on the minds of customers and allowed customers to connect and address common challenges.

In case you missed one of these forums last year we have links to them below so you can catch up.

Combatting Fraud in 2021

Many key stakeholders in the lending industry face increasing amounts of fraud and evolving fraudsters who are constantly looking for new and smarter ways to take advantage of lending institutions and Canadian borrowers. As part of Fraud Prevention Month, Teranet hosted a panel of experts to share their insights about this topic. John Walker, Foreign Service National Investigator with the U.S. Department of Homeland Security, Wade Duxbury, Detective Constable with York Regional Police Organized Crime and Intelligence Services, Ana Ialeggio, Senior Manager of Litigation and Special Investigations with MCAP and Steve Low, Chief Executive Officer for Consolidated Recovery Group focused on topics in relation to organized crime, cross-border vehicle and mortgage fraud. The panelists shared fraud mitigation tips and offered their thoughts on how the lending industry can work together to combat fraud as it becomes more prevalent.

Overall, the main message our panelists delivered was that fraud is becoming more common and much more sophisticated; the only way that the lending industry will be able to combat fraud in the future is to work together and collaborate. Click here to watch the full session.

An Update on First-Time Homebuyers

The activity of first-time homebuyers, especially during the Covid-19 pandemic, has become a topic of focus throughout the real estate industry. Teranet addressed this topic with a Market Insight Forum that featured facts and analyses relevant to this important segment of buyers in Ontario, as well as a panel of experts including Deepak Bansal from Dominion Lending Centres – Expert Financial, J.P. Boutros from Mortgage Professionals Canada, Steve Flemming from RE/MAX Prime Properties, Marc Shendale from Sagen and Alison Simpson from Key.

The forum fostered an important dialogue amongst industry partners about common challenges first-time homebuyers face, and what solutions can be implemented to make it easier for this buyer segment to purchase homes in the future. To watch the insightful conversation between our panelists, click here.

Innovation in Real Estate

Innovation is a constant in the real estate industry, and we understand how important it is for our customers to keep up-to-date with new technologies in this ever-evolving industry. To address this important topic, Teranet hosted a Market Insight Forum with a panel of industry experts, including George Carras, Founder & CEO of R-Labs Canada Inc., Elgin Farewell, President & CEO of Teranet, Carlos Grass, President of Stratus Data Systems and Tim Hudak CEO of OREA.

Our panelists spoke about disruptors in real estate, areas of the industry that are ready for innovation and how the current market may impact innovation going forward. If you missed the session and would like to hear from these experts, you can watch the full forum by clicking here.

Women in Leadership

Our final Market Insight Forum of 2021 took place in October in recognition of Women’s History Month in Canada. Our first annual Women in Leadership session featured a panel of industry leaders from across the industries that Teranet serves. Frances Hinojosa, President and Co-Founder of Tribe Financial Group, Hali Noble, SVP Broker Relations at Fisgard Asset Management Corporation, Merredith MacLennan, Partner at Merovitz Potechin LLP, and Michelle Goodridge, Founder of REAL Management Group discussed the paths they followed to get to their current roles and the challenges they face as women in their industries.

Our panelists also talked about the advice they’d give to women entering their industries and what industries can do to be better allies to women in order to see more women in leadership positions. You can watch this inspiring forum by clicking here.

We’d like to take this time to also thank our esteemed panelists for their time, their expertise and their continued partnership with Teranet. We have four more insightful forums planned for 2022, so if you don’t want to miss an invite complete this form to ensure you are informed of upcoming events.