The details are here:-
ID theft hits home in Canada
Possibly it would. I've read of cases where people have got mortgages on rental property here using ID Theft.
Probably a better argument for DNA encoded ID cards than prevention of terrorism.
No. That is, the fraud would be possible, but the outcome wouldnt. AIUI from reading the stories about this case, in Canada, if you innocently buy something that has been stolen, then its still yours. In the UK, it isnt. This is harsh on innocent buyers (cars would be a more common example than houses) but I think all things considered, the UK position seems 'fairer' to me if only because the injured party in Canada may have done nothing at all , whilst you could reasonably argue its the buyer that should make sure they are doing everything properly including getting insurance against being the victim of such a scam.
"Jonathan Bryce" wrote
The scammer might get away with the loot from the mortgage, but the real owner wouldn't have to pay back the loan though!
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