In 2026, FSRA took action against mortgage brokerages who did not file their Annual Information Return. Although the regulator informed the brokerages about potential enforcement action and followed up with them multiple times, they failed to comply. As a result, 24 brokerage licences have been revoked.
Visit FSRA’s public registry for the most up-to-date information on mortgage brokerages’ licence status and conditions.
Mortgage brokerage licences revoked
| Licence number | Organization |
|---|---|
| 12407 | 2380376 Ontario Limited |
| 13147 | 2523767 Ontario Inc. |
| 12477 | 8135045 Canada Inc. |
| 12664 | 9323414 Canada Inc. |
| 10196 | Abacus Mortgages Inc. |
| 13366 | Arthurs Royal Mortgages Inc. |
| 13357 | Bruce Rene Kotis |
| 13001 | Centum First Richmond Capital Inc. |
| 12096 | Centum Lending & Mortgages Corp. |
| 10080 | Excel-Mortgage Option Inc. |
| 12940 | Federal Mortgages Inc. |
| 10484 | Harry Raymond Debi |
| 12554 | Hill Real Estate Ltd. |
| 13452 | Inspiria Financial Group Ltd. |
| 10233 | JCI Consultants Limited |
| 12888 | Libertyplus Mortgage Services Inc. |
| 10307 | Michael John Preston |
| 12683 | Mr. Cash 1 Mortgage Inc |
| 11813 | Nationwide Mortgage Inc |
| 13490 | North East Mortgages Inc |
| 10473 | Obsidian Mortgage Corporation |
| 11616 | Profunding Financial Services Inc |
| 12544 | Public Choice Mortgage Brokerage Inc |
| 12966 | Rockstar Mortgage Services Inc |