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 As a result, 29 brokerage licences have been revoked.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 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