Mortgage Brokering Technical Advisory Committee

Meeting summary

Date: Thursday, February 29, 2024 
Time: 10:00 a.m. to 12:00 p.m.
Location: 25 Sheppard Avenue West, Suite 100
Toronto, ON M2N 6S6
Videoconference – Microsoft Teams

This summary sets out the key points discussed at the February 29, 2024, meeting.


The Chair welcomed and introduced new members to the TAC and highlighted the purpose of the Committee and the Rules of Engagement.

Upcoming Principal Broker (PB) Guidance and Symposium

The Committee was presented with an overview of the upcoming PB Guidance. FSRA highlighted the importance of strong conduct and compliance culture in prevention of poor or unfair outcomes for a brokerage’s clients. FSRA also shared its proposal to hold a Principal Broker-focused Symposium. FSRA sought recommendations from the Committee on topics of interest and the format of the event.

Roundtable discussion: Trends and emerging issues

FSRA and the Committee discussed observations about recent trends and emerging issues in the mortgage industry, including the increase in the selling of high-risk investment to retail investors.

Mortgage Fraud Guidance webinar and FSRA’s plan for Fraud Month

FSRA shared the information regarding the Detecting and Preventing Mortgage Fraud webinar highlighting licensee requirements and best practices, as outlined in the associated Interpretation Guidance, and a webinar on door-to-door scams co-hosted with Elder Abuse Prevention Ontario (EAPO).

Proposed Broker/Agent Reporting Form

FSRA shared the purpose, the planned components and usage of the Proposed Broker/Agent Reporting Form.

Next meeting

The next meeting is on Tuesday, June 4, 2024.

Attendance record (members)


Company name

Sadiq Boodoo 

Approved Financial Services

Guido Di Franco

Richview Capital MIC Inc. / Mortgage Architects Experts

Kevin Fettig

CMI Financial Group

Carla Gervais

The Mortgage Advisors (Verico)

Elizabeth Gnoinski

Boss Mortgages – The Mortgage Center 

Alex Leduc

Perch (Mortgauge)

Dong Lee

DLCG / Mortgage Architects

David Morrison

Morrison Financial

Sona Shah

Spergel Licensed Insolvency Trustees Inc.

Anisa Sherwood Lancione

Mortgage Brokers City

Daniel Vyner

DV Capital

Kate Wybrow


Monica Liang

Ministry of Finance (Observer)

FSRA members present:

Rocca D’Angela, Nadiatou Fagbemi, Jason Harris, Jennie Hodgson, Wendy Horrobin, Lucy Kang, Kelly Le, Antoinette Leung, Cheryl Mak, Jelena Pejic, Jessica Rose, Elissa Sinha, Gina Stephens, Cheryl Szutu, Dave Veeren, Tyler Zheng, Chris Zolis

Available in French upon request