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Private Mortgage Licensing Update •As of April 1st, 2024, FSRA, the Financial Services Regulatory Authority of Ontario, the regulator for mortgage brokering activity in Ontario, has officially implemented a new policy permitting only 2-licensing tiers to deal and trade in Private Mortgages: Mortgage Agent Level 2 and Mortgage Brokers. •It is important for consumers to ensure they work with a mortgage professional with the appropriate licensing classification - this is possible to verify by visit
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