CNW: Online Database Protects Canadians Getting Mortgages

CNW: Online Database Protects Canadians Getting Mortgages (PRESS RELEASE). “A new online database helps consumers find out if mortgage brokers have broken the rules that govern their profession. Consumers can enter a mortgage broker’s name or company into the search-friendly database and see disciplinary actions (e.g., licence suspensions, administrative penalties, cease and desist orders) that have been taken against a broker by their provincial mortgage regulator and other Canadian regulators. The database, developed by the Mortgage Broker Regulators’ Council of Canada (MBRCC), integrates disciplinary records from most provincial regulators into a single, convenient place”

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