fsra Archives - Mortgage Rates & Mortgage Broker News in Canada

Ontario regulator flags risks in growing private mortgage sector

September 12, 2024 No Comments

Ontario regulator urges better oversight to protect borrowers and investors

FSRA introduces stricter guidelines for mortgage broker licensing

July 19, 2024 No Comments

FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors.

FSRA CEO Mark White to step down for new position as Chair of Ontario Energy Board

July 5, 2024 No Comments

The head of Ontario’s mortgage broker regulator, Mark White, has confirmed he will be stepping down from his role as CEO later this month.

FSRA revokes licences from 29 brokerages

FSRA strips licences of 29 Ontario mortgage brokerages

April 17, 2024 No Comments

FSRA has revoked the licences of 29 brokers who did not appoint a principal broker, failed to file their 2021 Annual Information Return, or failed to do both.

Relicensing deadline looms for thousands of Ontario brokers who have yet to complete requirements

March 25, 2024 2 Comments

With just days remaining, FSRA says thousands of Ontario agents and brokers still haven’t completed two education courses required to maintain their existing licences.

Experts say title and mortgage fraud are fast growing in Canada and homeowners should take steps to protect their properties — and their identities. A person walks past multiple for-sale and sold real estate signs in Mississauga, Ont., on Wednesday, May 24, 2023. THE CANADIAN PRESS/Nathan Denette Experts say title and mortgage fraud are fast growing in Canada and homeowners should take steps to protect their properties — and their identities. A person walks past multiple for-sale and sold real estate signs in Mississauga, Ont., on Wednesday, May 24, 2023. THE CANADIAN PRESS/Nathan Denette

Homeowners, realtors should take steps to protect against title fraud: experts

March 17, 2024 1 Comment

It’s been years since you finished paying off your mortgage, so the letter in the mail from a bank saying you’re in default and now owe money comes as a shock.

Parents helping kids with mortgage down payments

Latest in mortgage news: Adult children of homeowners twice as likely to own a home

November 27, 2023 No Comments

A key factor in determining whether an individual is likely to become a homeowner is whether or not their parents were property owners, a new study shows.

Clock ticking to private mortgage course deadline

The clock is ticking for Ontario brokers wanting to arrange private mortgages

November 16, 2023 No Comments

A reminder to Ontario brokers wanting to arrange private mortgage deals in the new year: the deadline to complete the new licensing requirements is quickly approaching.

What you need to know about FSRA’s new licensing requirements for private mortgages

April 3, 2023 No Comments

New licensing categories are now in effect for all Ontario brokers and agents starting in April.

How brokers can excel in a challenging market, and other lessons from the FSRA conference

January 20, 2023 No Comments

Mortgage professionals may be feeling angst these days with origination volumes well down from last year’s highs. But it’s in times like these that the value prospect of a broker is at its highest.

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