The Financial Services Regulatory Authority of Ontario (FSRA) has issued a Notice of Proposal to impose administrative penalties totaling $34,000 and heightened supervision conditions on a licensed ...

TORONTO — Ontario’s financial regulator said on Friday it has revoked the licence of mortgage brokerage Building Development and Mortgages Canada Inc (BDMC) and Vince Petrozza, a co-founder of ...

FSRA provides an extra layer of protection for consumers with tough new licensing suitability requirements TORONTO, March 6, 2024 /CNW/ - To better protect consumers, Ontario's financial services ...

If you’ve fallen behind on your mortgage or tax payments then you may be asking yourself questions like “what happens now?” or “how can I get out of this situation?”. Arrears can be defined as “money ...

An Ontario regulator has revoked the mortgage broker licences of five companies and individuals associated with the Tier 1 group of companies after an investigation into syndicated mortgage investment ...

The Financial Services Commission of Ontario is changing the fee structure for mortgage brokers and agents, and it pledges to revamp regulation in the sector. Effective May 1, FSCO is changing the ...

Ontario's Financial Services Regulatory Authority (FSRA) has refused to renew the life insurance and accident and sickness ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Shopping for a mortgage can be one of ...

Renewing your mortgage when rates are high? Going it alone is an option, but using a mortgage broker might help you find a better deal. When mortgage rates are high and you feel trapped by your lender ...

TORONTO — A mortgage broker allegedly used fraudulent documents to help arrange numerous loans, then pocketed anywhere from 10 to 50 per cent of the borrowed amounts. [np_storybar title=”Complaints ...

Ontario's mortgage regulator has fined a former Toronto mortgage agent's company $300,000, a year and a half after a CBC Toronto investigation revealed that investors had likely lost nearly $9 million ...

Investors who have likely lost tens of thousands in syndicated mortgages say the Ontario government has "done nothing" for them, and that amended regulations touted in the province's budget last week ...