In 2024, 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 As a result, 29 brokerage licences have been revoked.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 |
|---|---|
| 10024 | Centum Fundsource Financial Inc. |
| 10392 | Flex Mortgages Inc. |
| 10455 | Michael Hanna Financial Services Ltd |
| 10513 | Centum Canadian Mortgage Expert Centres Ltd. |
| 10673 | 1756211 Ontario Inc. |
| 10742 | 6769390 Canada Inc. |
| 10882 | Verico King West Financial Corp. |
| 11365 | Aabi Management Ltd. |
| 11569 | 7002149 Canada Inc. |
| 11670 | Alliance Mortgage Group Inc. |
| 11936 | Astrum Financial Services Inc. |
| 12126 | CMB Group.ca Inc. |
| 12262 | Combined Dynamic Equity Investments Limited |
| 12302 | Direct Mortgage Inc. |
| 12367 | FDS Broker Services Inc. |
| 12373 | FMP Mortgage Investments Inc. |
| 12391 | FFM Capital Inc. |
| 12518 | FirstLine Capital Management Inc. |
| 12520 | Centum 101 Mortgages Inc. |
| 12672 | Fiducia Mortgages Inc. |
| 12922 | 2537593 Ontario Inc. |
| 13240 | First Hamilton Financial Services Inc. |
| 10264 | Indus Mortgage Inc. |
| 10380 | Vibrant Mortgage Services Ltd. |
| 11786 | Doxa Realty Inc. |
| 12348 | Opulent Mortgages Inc. |
| 12489 | Independent Mortgage Advisors Inc. |
| 13045 | Smart Choice Finances Inc. |
| 11403 | Lending Group Inc., The |