Robert McLister·General·July 4, 2007Ontario’s New Mortgage Broker Rules Ontario’s Mortgage Brokerages, Lenders and Administrators Act comes into force on July 1, 2008. A four-month transitional licensing period will begin on March 3, 2008. Brokerage firms will need to re-apply under the new act and then submit new applications for their agents and brokers. Once in force, several new educational requirements will be imposed on brokers and agents. FSCO is finalizing these requirements now. More info will follow in the next 3-4 weeks. Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.